The property has a new roof (2023), new HVAC for the larger unit (2023) and new HWH for one unit (2022), plus is in a really good location on 15th st. in Covington, very near downtown. 

Kris has mostly just hired other experts to deal with the day-to-day tasks so he can focus more on the high level stuff, which may be why he will have a larger net worth than Phil.If I had to pick who I would give my money to as an investor I would pick Kris 100%.

They typicallyrequire a larger down payment and may have shorter terms, but they can be agood option if your goal is to hold the land for future use or development.Subdivision Loans: If you planto divide the land into smaller lots for resale or development, a subdivisionloan could be the right choice.

That’s why I get first choice on deals before the buyers who’ve negotiated a discount; the buyers who’ve run around” the broker’s back; and the buyers who refuse to sign a commission agreement.

We had our choice of 2. 

That town is about 13k people, are you going to draw from a larger area?

Larger homes are 3-6 months.  

We plan on using DSCR loan (yes high rates but our complicated taxes makes non conventitional as our only choice at the moment) so PM fees will def kill anything. 

We've seen tremendous interest from investors seeking larger balance investment property HELOC's or home equity lines of credit. 

Each lender has different ownership seasoning requirements, so if you have owned it less than 3 months, your choices are limited for cash-out refinances.