I have an opportunity as a vet to purchase raw land from the Texas VLB before the tracts are offered to the general public.

We have a tract of land in a very good location that already has the street built.

I found this deal from a fellow BP member and after running into dead ends with my local lenders, I was able to secure financing from another BP member I met in the forums.Since closing on the 4 Plex, I'm under contract to purchase a duplex as a buy and hold as well as a SFR foreclosure I plan to BRRR using a hard money lender I met here on BP.On tract to add 7 units and $5,300/m in potental gross rent since getting involved with Bigger Pockets in August....Thank You!

As low as 3.5% on FHA, or perhaps 5% on conventional depending on the area/census tract....but 5% is very common for most buyers in your shoes. 

The cleanup from the digester explosion a couple weeks ago.

My business partner and I met earlier today and discussed buying a tract of land to develop for MH Park.

Thirty-three (33) tracts went on market in June '22, sold out within 6 months, despite rising interest rate environment in 2nd half 2022.

There is alot to digest but don't let it blow you out.Good Luck!

You need to understand they have models that can predict the risk down to zipcode/census tract. they need to reduce their loses with risky areas that have high property crime rates.

Interesting model, it will take a bit of time to digest.