A lot of jurisdictions dislike density, particularly if parking is an issue and mass transit is not readily accessible.

New construction, fully decked out on the design and amenities. purchase price 785K, 40K in seller credits, 120-140k gross rental projections What made you interested in investing in this type of deal?

Is this confusion on the lenders part, given that they are headquartered in a different state (Pennsylvania I believe), and is a matter of semantics, or is this standard practice? 

Is this ultimately a land play? 

Is there an app that can streamline this process by synchronizing updates across all these platforms, thus alleviating the need for constant manual updates?

Interesting question if nothing else. 

Assuming property taxes + insurance added don't go above $1,100 total, you could maybe make this work. 

They are asking for 28% capital call proportional to investment amount. primary purpose of capital call to survive high interest rates for next 1 year and hoping interest rates gets favorable by then.

What made you interested in investing in this type of deal?

View report*This link comes directly from our calculators, based on information input by the member who posted.I’m considering purchasing two investment condos to help pay for my children’s college tuition in 13 to 15 years.