I have 1000 sqft so $250k.if I have no GC and manage all the subcontractors I will not have a Rolodex so have to find subcontractors and I’m sure there are a million other complexities.

With countless loan options, complex terms, and strict lending criteria, it’s easy to feel overwhelmed.

It is my weakest skill in the research process.

One of the hard asset deals I was working on was opening a sports complex in Chester County, PA.

Mortgage recasting, also known as re-amortization, is a process that allows homeowners to lower their monthly mortgage payments by applying a lump sum toward their principal balance.

What adds complexity to our plan, is that we live in Minnesota.

Because one of my first questions dealt with the job’s complexity, to which I asked the loan officer to review with underwriting if this would be a problem.

@Anca R. and everyone, thanks for the shout out.To simplify the process the best I can, I'll address and break down each concern. 1.

Depreciation begins once the property is rented.It’s essential to consult with a real estate attorney to ensure compliance with local laws and to handle legal complexities.

But I strongly urge anyone to always get Aldermanic support before proceeding because it makes life--and the entire project / process--a whole lot easier. :)IN SUM: Based on what you've shared, it sounds like you won't need to rezone if you just want to build a duplex.