My father is a contractor so we will be able to complete most of the work ourselves while keeping costs low and add equity.

I am taking a salesperson license exam this year to get into the industry and use these commissions toward closing costs.

The longer you hang out on the bridge the more it costs you.

That way the lender has an idea what it is you are doing and cost.

Not only is land so expensive, but the process of rezoning the land not only requires a lot of capital of soft costs that are really expensive and often not financeable, but then you have to build on it which is also not cheap.

They just came out with a BabyBox, even smaller one that circumvents state housing lows and falls in as an RV.

What happens if you buy the SFH and hate renting it by the room but the cost to maintain is too much by yourself.

Lets say its $270k and you are financing $220k and it takes a year at 12% thats $26k in interest plus other costs etc.

The truth is, they will keep playing games and milk you for every penny they can, then they will leave the house a mess and cost more with cleaning, repairs, and vacancy.

Costs and Timeline: The process of splitting and developing lots can take time (1.5 years) and may involve significant costs for permits, construction, and other development fees.If you want to learn more about how SB-9 can work for situations like this, check out our website "CityStructure" for more info and helpful resources.