Investment Info:

Single-family residence fix & flip investment.

Purchase price: $48,000

This FULLY remodeled 4 bedroom, 2 bath home will not last long. Covered Front Porch on the front of the home. U...

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $48,000

This FULLY remodeled 4 bedroom, 2 bath home with Covered Front Porch on the front of the home. Upon walking in ...

Investment Info:

Single-family residence fix & flip investment in Evansville.

Purchase price: $48,000

This FULLY remodeled 4 bedroom, 2 bath home will not last long. Covered Front Porch on the front ...

Purchase price: $244,000 Cash invested: $280,000 Charming 1950’s Duplex with Hardwood Floors. 3/1 and 2/1.

Third was the charm.

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $495,000

Cash invested: $19,000

2nd house hack, 2-Flat with an In-law unit created $300 a month rental rate ...

Thanks in advance if you can help connect me with anyone in Charm City who is ready to discuss the investment!

They've literally voted for this for years by making it difficult/expensive to build in certain locales, flooding trillions of dollars into the market, suppressing interest rates so we're a country of cheap credit junkies, creating a class of American that sits somewhere between a renter and an owner with rent control laws in that they have ownership privileges in every way except that they don't actually own the property, etc. 

Hi Brian,Make sure zoning allows a 4 plex.Make sure you have enough Amperage at the drop for another family.Make sure you have the amount of parking you want to offer the market.Make sure you have enough water coming in for 4, especially if it used to be a 1.Make sure you don't downsize the 4 rental sq ft to be worst in the market vs having a very marketable 3 plex (re sq feet).Make sure you do not trigger any added fire code things, such as requiring a fire escape or fire suppression systems, etc...Find out If you will be required to now have a dumpster as a 4 plex, and where will it go.Find out if the remodel will trigger any grandfathered items to be delt with, ei bring wiring to 2021 code for entire building, ditto heating and building thermal requirements, etc...Find out if the lender is "On Board" with you "Restyling the Asset" in this manner they are lending on.A 3 to a 4 is bigger scope job than putting in a new kitchen, and the lender may not consider it re-hab, meaning it might be to them, construction, and not allowed on the loan type you are seeking.Good Luck!

It's also a charming bit of "old Florida" style (for the most part).