We're considering a mezzanine loan to get to pre-sale phase.

At the moment, I have an STR in the Berkshires and have considered other investments including multifamily.

@Patrick Drury, I hadn't considered the different criteria for 4 units (and from what I can tell, it also applies to triplexes), so that's definitely something I'll have to consider.

A question for everyone viewing the post: Would you consider HELOCs as a conditional strategy only reserved for ' great cash-flowing ' deals?

Nine  states are COMMUNITY PROPERTY STATES, where all property accumulated during the marriage, OR the INCREASE in value of existing separate property (property accumulated prior to the marriage), is considered community property which can only be divided 50/50, UNLESS the division is made to offset some other imbalance .  

Considering some SFR properties in Cahokia / Cahokia Heights, Illinois and looking for some recommendations on inpsectors in this area that do a good job looking at multiple properties

Below are the key factors companies consider when choosing a city for investment:Low operating costs: Companies are unlikely to choose a location where state income taxes, property taxes, and insurance consume a significant portion of their potential profit.

@Francisco Pineiro To protect yourself when working with contractors:1.Start with a Clear Scope of Work (SOW): Ensure every detail of the project is outlined in writing, including materials, timelines, and deliverables.2.Use Milestone Payments: For a $40K rehab, consider this structure: 10% upfront, 30% at halfway completion, 30% at 75%, and the remaining 30% upon full completion.

Welcome to BP.One of the things to consider is we have 3 different states in the area with wildly different laws on this topic.

Mine is customized to my properties and my needs.I have a tab for each property.