There are a large number of accountants who would counsel that you not purchase that property. 

I think a large part of building wealth is being optimistic and paranoid/scared to death at the same time.

He also said he'd help me acquire large multifamily, but then had never even heard of Crexi, or Loopnet and had never owned anything larger than a duplex. 

Currently we have it on the market but last night via Biggerpockets website I submitted a request for a loan and out of all the lenders Jason Ariazand Sr.

On public websites, I see some options to acquire a duplex in central Los Angeles under $550K which would require at least another $50K of work if I do not outsource most of the labor.

I just got an email that my pro membership auto-renewed today and went to the website to cancel, only to have the cancellation effective 8/19/2025. 

Quote from @Ray Forrest: Hi Hannes,Does Raisemasters provide any sort of templates, guidance or content on building a website for raising capital? 

Be aware if the town is standalone, or it mighthave a large population outside since it is a suburban community to alarger town nearby.

We're largely looking at value add projects (aka BRRRR **cringe**) so that the vast majority of capital is coming out once a refi is done.Not vanilla, obviously.

Are there any local meet ups or websites on where to find more people who have a moderate level of experience meaning they are  somewhat experienced but still looking to collaborate and network with more inexperienced investors like myself.