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.

My team has conversations all the time with borrowers, especially those that own real estate, that  thing DSCR options are their ONLY options.

It will also allow you to focus more of your time and resources in the actual real estate vs. raising capital which usually leads to poor real estate acquisition and operational decisions because raising capital is your full time job leaving an inadequate amount of time for the real estate.OK, chasing 32unit apartments, acquisition priced between 3.2M - 4.8M.  

Yes, the government pays the Section 8 rent timely, but more and more tenants are having to pay a portion of their rent.

This happened to me multiple times. 

But at the same time, this market just keeps climbing, and it doesn’t look like it’s slowing down anytime soon.Suffolk is definitely more affordable than Nassau, but even out there, prices are getting ridiculous.

This can 100% be done, but requires a lot of time, effort, and networking. 

I have full time job but can help where I can. 

I bet you learned A LOT.You can also leverage my team to help you out next time.

Over that time we have acquired 4 properties, 6 doors.