It’s too soon tell but from what I’m seeing the hit on the Federal workforce is also impacting contractors throughout the DMV… I expect panic selling which increases inventory, however, with higher interest rates, which will likely continue upwards if tariffs & deporting our cheap labor comes to fruition, first time homebuyers are shut out.  

The slow and steady approach is fine for this property but it feels like a waste to sit on a low performing asset and assuming rent increase is a strong enough lever to pull on for FI.

When financing these projects, keep in mind that some lenders may require a larger down payment or charge higher interest rates due to the increased risk.

Partner Driven, alongside Jerry Scott and Chad Wolfe, transformed the property, increasing its value significantly.

The city is working on getting a a ferry to NYC which should increase rent / appreciation.

It's a gradual, steady increase over a long period of time.

You’ll still be personally responsible for the debt and it will still show up on your credit report/DTI if that’s what you’re trying to pull off.You’ll increase your interest rate by 2-5%?

I would look into an umbrella policy to increase your insurance coverage on both the LLC and yourself.

I agree with you that builders are increasingly buying entitled lots, it is a unique side of the industry. 

This hidden cost significantly increased my loan’s overall expense, and I only realized it after reviewing the final terms.