You can always build in a small extra fee for a realtor if its an off market property.

Capital Syndicate is the private money brokering, where you are the middle man between investors and private money that Lee has build relationships with over the years.

Purchase price: $2,800,000 Cash invested: $560,000 The property is a three-story multi-family residential building with six independent units, initially facing significant challenges due to poor conditions.Renovation Investment Summary:- **Structural Repairs:** $250,000- **Kitchen Modernization:** $100,000- **Bathroom Updates:** $50,000- **Exterior Improvements:** $100,000- **Holding Costs:** $50,000- **Property Taxes:** $30,000- **Insurance Costs:** $10,000- **Management Services:** $10,000

cant pull those off with smoke and mirrors :)   and of course my bank that has loaned me about 60 million to build all this thinks I have morals and character as its the cornerstone concept when lending this kind of money on spec builds.. you dont have it you dont get the money.

The boom in building was mostly for the larger cabins because of the crazy rents they were getting during covid (even a little before covid actually). 

Typically when you see "cash only" the agent doesn't believe the property can pass a home inspection which isn't relevant for construction loans in most instances and there are plenty of banks, hard money lenders etc. who offer construction financing on distressed buildings.

If I only plan to build new detached units (no alteration) and no demolition, I should be able to use SB9 right?

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

Building a relationship with local real estate attorneys or agents specializing in STRs in the area can save you headaches down the line. 

The house looked like it hadn’t been loved since 2004 (its build year).