Purchase price: $540,000 Cash invested: $108,000 Investing in South Texas offers additional benefits The price per square foot for new construction in South Texas is among the lowest in the country, making it an excellent value for investors seeking high-quality properties at a reasonable cost.

Hi Jerome - MTR is certainly one of the areas of lending that is still new and lenders are still adapting - probably going to run into trouble with more traditional and conventional lenders - which generally take a long time (years) to adapt to new trends like thisI wrote about this late last year as one of the developments to watch for 2024 - particularly how DSCR Lenders are approaching, which is likely the best bet for this investment type currently (but note not all DSCR Lenders are the same - so will need to vet and pick one that is MTR friendly and generally forward-thinking)What’s Next For DSCR Loans?

With new construction and renovations going on, on almost every block.

Hi Elvis,You will need to fill out a construction permit if you are doing a major renovation, which requires an inspection from the city to ensure the code is followed.

Currently I am into development and construction.

I may be biased as we manage our construction and portfolio in house. 

The community of villas is to begin construction after the first of the new year.

European builders have been using industrial hemp in residential and commercial construction projects for 30 years.

Thanks If you are looking at class A-B, the suburbs are a better bet dollar for dollar. 

FYI - I checked with my insurers about increasing the coverage values, and I was told by the agent that is the value their construction cost algorithm shows and, while my choice, I would overinsure by paying for more coverage.On the surface, it's great insurance - more coverage for less premium.