The condominium is 1 story and 1,333 square feet and was constructed in 2016.

So we will go from 1 unit to 4 units, with a combination of personal funds and construction loans.

These areas still have a great rental demand and not overbuilt.Areas like Northern Liberties, fishtown, point breeze have a lot of options, but also a lot of struggling landlords as there is a great number of new construction high rises creating a lot of supply in the nearby market.

If your bet is appreciation, bet your underlying fixed costs go up.

And my houses were new construction really nice brick homes.. 12 years of owning them made zero return by the time I had to freshen them up to sell. but at least they sold retail..

He needs referrals to mortgage brokers for construction to permanent lending in NY.

We currently work with several builders throughout the state and offer a turnkey solution for new construction investment opportunities.  

I am using it for my construction business. 

The building stock is like all the other Chicago urban core burbs, so expect lots of 1950's and 60's construction with galvanized pipes, flat roofs, boilers and outdated electrical.

This might not have been the best kind of credit to use as a construction loan.