Quote from @Justin Jefferson: Hi my goal is to also create ownership and build my assets for the future.

They may also have rules that say you can't use the property as a rental during the first 12 months of ownership or at all.

Any person who can achieve property ownership, and then help others have a roof over their heads is a person worth high praise. 

If anybody has anything else to share please do so, I have plenty to learn!

Would love to connect & share some resources on how to find a local mentor and id love to serve as a mentor for you in any way I can. wishing you the best!

It was Civic Financial - I’m not sure they do referral bonuses or anything but I can share a contact info if you needed someone.

We came to an arrangement where any sale price over $1 million, minus construction costs, would result in a profit-sharing opportunity.I’m currently trying to determine the After Repair Value (ARV) for the property but am having difficulty finding reliable comparables.

Especially as just about every big name on BP has shared various stories of having done exactly that through the stages of there career. 

I wanted to share the numbers and want to make sense if it's a good deal for us according to what we are looking for.Price: $450k (agent said that we can get it down to $420k)2 Units (1 bedroom in each unit)Mortgage with 3 year fixed comes up to around $2.3kInsurance and tax is roughly $400Rent per unit is $1.4k so if we move out then total rent comes up to $2.8kThere's a detached ADU (garage) that can give us another $100-$150 if we rent it for storage and there's a scope of converting it into another unit later on.So currently rough calculation says that it can cashflow up to $300 per month.

Thanks in advance for sharing your expertise!