It would be tight for a lot of groups, plus refinancing at 75k could be a challenge as well.I think I know of a few that could help, would be happy to connect and see how we could helpGood luck!

You entered RE at a challenging time.  

I have never gone into an office for a challenging boss again.Seeing this picture now, years later, after reaching that milestone still incredibly motivates me to keep going and striving for even greater heights—not just for me, but for my entire team.

Challenges?

What are the most common challenges investors face in these neighborhoods, and how can they be mitigated?

Flooring: A lighter or mid gray lvp to compliment (~$3 sq ft material) Cabinets: White shaker style (Lowes/Home Depot, Readily Available with little lead time) Countertops: White Quartz with black veining to match black matte finishes if the return on investment is there or just a nicer laminate (calacatta marble natural stone look)Finishes: Black matte for a modern look or the classic brushed nickel.

Hi Arya,To appropriately model this, in my opinion I would add a minimum of 10% vacancy due to the commercial nature of the building.

Many multifamily projects face challenges, including rising interest rates, operational inefficiencies, and decreased valuations, which drive the growing need for alternative financing solutions.This environment presents a unique opportunity for mezzanine debt and preferred equity investors.

Challenges?

It was my first and only investment and has overall been a really challenging and discouraging experience.