This successful flip showcased the power of strategic upgrades and partnership, resulting in a solid return on investment.

I was sent an offering memo by a broker selling a multi-family building in an area no reasonable person would even consider affordable housing material yet the marketing materials made a point of emphasis to detail how the property would satisfy the need for affordable housing.

As far as meetups, CIREIA is a great group - I am going to another investor meetup next Wednesday that I will PM you details. 

Please let me know if you need any additional details. 

Can you give more details on your numbers, purchase prices, rehab costs, time to complete rehab, ARV, monthly rent?

I've asked for the loan details so I can see the terms and fine print of the loan myself and am doing extensive research, but would love info from the community.

Here are the key details of my situation:Rental Property Details (Note: This was our primary home till 2017):Current Value: $970,000 to $1MPrimary Mortgage Loan Balance: $505,000 (@ 2.6%)Took Home Equity Loan on this house to make down payment for my current primary residence.Home Equity Loan Balance: $123,000Total Loan Balance: $628K (Primary Mortgage + Home Equity Loan)Rental Status: OccupiedPrimary Residence:Purchased in 2022Mortgage Rate: 7.3%Current Loan Balance: $650KMy goal for 2025 is 2 fold: #1.

He has a staff of 3 or 4 assistants to handle the details, and his break even every month is $30K.

I will not explain here but I can email the details, if you would like to know.

I would get with the city asap and find out all the details on this.It could be possible that if the LLC changes hands that it loses it's exemption.