Let’s say you discount it 50%, $250k for $500k value it starts great (100% return, but rate or return after would be 2 times the appreciation while at 80% LTV the return be 5 times the appreciation.  

It is not something that the LL needs to know.First was a gay male living with straight female.  

You will still end up paying the current rate, but you will maintain your prop 13 discount.  

- personally at SMARTLAND as experienced heavy lift multifamily operators - it is a complex process and requires a team, time and skill - Yes, you can lift a property and value moderlty quickly if you have the right tools and process in place, no doubt, but you have to also have the correct financing tools in place and appropriate cost-basis to withstand turbulence along the way - (no straight path) - the short term mezz loans into this constricted/constrained lending environment is tough, even more tough with raising cap rates, market repricing = requires more time to season and continue to hold, unfortunatley as we have discuss to the max on this forum time was not on this operators side with the short term adjustable mezz loan -**Pref Equity has entered many deals in the past 18 months advance of LP positions, also took a GP slice along the way  ---- 

As a First Time Home Buyer you can get all the Financial Discounts and Low Down Payment.

Also, a VA loan is a straight loan where you can use no money down which is a great advantage as a veteran versus a 203k loan which is a rehab loan which requires a 203k facilitator and contractor and the contractor gets paid in 4 draws that have to be approved first.

If your talking large commercial multi million dollar contracts to build one building and the GC has his own personal JET then you can get into that nitty gritty at our level U try to control the best you can and hire who you trust Since you are paying your GC a straight $1 million (not including the throw in lot), that's a fee of about $11,000 per home or 1.2-1.7% of the stated home sales price.

If you plan to originate and sell, to get yields into fair market territory, you'll be discounting your paper, meaning that your margin on the home will need to be high enough to absorb the discount and still produce a better return than just outsourcing the lending process.

My only comment would be that C class properties are not worth the discount you’d get at acquisition.

because he uses my complaints against me when I'm not truly upset given the discounted purchase price.