Hi Chris, if I understand the transaction it sounds like you will receive a 1099-S for the full amount.

Although the list may seem intensive, I look at it like this: The total cost of all these items can be much lower than the cost to repair a hidden surprise after purchasing a property to flip. 

Hi Amir, when studying different neighborhoods in my market I like to use quantmaps.

Has anyone have any experience acquiring multifamily property using a SBA loan like to get your thoughts?

Id like the CRM to have a power dialer (for calls) and the ability to send SMS texts.

"It's like selling pizza by the slice".  

But in the South contract for deeds are not liked by the RE attorneies, where up north CFD has state statute validity (which states?). 

My focus leans more toward equity appreciation than cash flow, and as a rookie investor, I’m aiming to put aside about $25-30k for investments each year.In the meantime, I’m looking to connect with like-minded folks here for mentorship, partnerships, apprenticeships, and even collaborations.Would love to hear your thoughts, advice, or anything you think might help as I continue piecing everything together!

You'll likely also reduce your cost of living by moving to a stabilized apartment.Depending on the cashflow and debt paydown, you can use this strategy until you've built enough equity to reinvest.On the other hand, getting into a multi-family after refinancing will also help you build substantial equity to rinse and repeat in the coming years.

Sounds like you put in a ton of work to maximize the value, and that basement addition was a smart move.I noticed you mentioned the NYC luxury tax and some of the rental pricing challenges—have you considered expanding your portfolio in markets where you don’t have to deal with those kinds of headaches?