** If you’ve engaged in rent-to-own or lease option transactions, what tips do you have for making sure it’s a beneficial arrangement?

This first-of-its-kind project addresses California’s housing shortage by repurposing an underutilized site into a vibrant residential and retail space.Of the 800 units, 180 will be affordable housing, with amenities including a rooftop pool and fitness center.

Thanks for the tip and work with a lender to see what I need to do to assume the loan.

Banks won’t loan money to purchase land (usually); so any buyers will either have to be flush with cash up front (which severely limits your buyers pool) OR the seller has to make it easy for an interested party to purchase the land.Seller-financing works great with land, as do land contracts.

I’d appreciate any tips or insights from your experience!

Along with the condo fees come the amenities (gym, pickleball, boat docks, tennis, putting green, heated pool, etc.).  

If you have any specific questions or want to talk strategy, tips or tricks feel free to email me or reach out.

The 1-4 unit buildings will have a larger buyer pool and maybe a larger price per unit as a result.

It's big enough that I could also add camping/RV/tiny home STR options in different areas (20+ acres with a lake and a pool).

I'd be interested to hear how you approach evaluating a borrower’s past performance and how that plays into your final lending decision.I am not a lender, I have my pool of lenders that lend through our investor portal for our deals (so I am the borrower).My suggestion about checking the track record stems from our lenders asking about our past deals.