If you accidentally use some wrong words, it could be a significant fine. 

With comps ranging from $875K-$1M and your estimated build cost at $550K, the after-completion value gives you a significant equity cushion, making this project highly attractive to lenders.If you plan to hold and rent the property, you could refinance into a DSCR loan after construction, which bases lending on rental income rather than personal income.

I was thinking of starting a rent increase for my 1 bedroom tenant voucher due it being low and well under fair market value(Based on  hud and zip code) but my tenant is in the process of having a caretaker for her disability and getting approved for a two bedroom voucher.

It can be used to monitor markets, filter results based on lots of different criteria & even includes annual revenue numbers that you can work backwards to see how certain markets/properties are performing.

Hey jason, a lot of investors based in markets like California and New York are choosing to purchase their investments OOS in the Midwest because of the affordability and numbers making more sense.

I think both of your strategies have merit, but here’s my take based on what you’ve laid out.Moving to a rent-stabilized apartment and renting out your condo as a mid-term rental could be a smart pivot, especially with its location near a hospital and LGA.

These forums are a great place to learn and connect with fellow investors.I’m an investor based out of Columbus, OH.

Our Frequent Users of Airbnb or VRBO discount was launched one year ago and because Airbnb is heavily based on reviews of both guests and hosts, we set the bar higher. 

Bigger Pockets is a great place to learn and connect with fellow investors.I’m an investor based out of Columbus, OH.

Actions, they speak so much louder than words......