In 2021 we bought the building for $1.5M using private lenders, pushed the occupancy from 50% to 80% occupancy and it appraised for $3.125M, allowing us to pay back the private mortgage.Right now, we are in the predevelopment process of design and piecing together the capital stack for the redevelopment deal, which will be made up of historic tax credit equity, RestoreNY Grant, DRI Grant, etc.

This is a good note though, and something as a piece of the corrective measure. 

Sometimes even 7 or 8% lenders are had to find for 3 or 5 years much less for 15 or 30 years. exactlybut im sure its possible because people are doing it Possible yes, but there are a lot of complexities and moving pieces - this is generally the lending business model, not a simple "arbitrage" glitch or easy scheme..

First, here's an example of subsurface rights as an appurtenance (from the course):ExampleAn oil company buys the rights to the oil beneath a piece of property.

You’re piecing together a bigger puzzle here, and every connection and conversation helps you fill in those gaps.

If there is a title issue or an encroachment then the buyer is entitled to a refund of the EMD.I feel like there is a missing piece of the puzzle. 

If so, what would make u buy a piece of land vs a house?

your QI should be telling you to hustle right now.The 9% rate isn't the only piece of the pie. 

@Travis Boyd Outside of instances where FHA or other extremely advantageous financing options exist I am a proponent of the LLC for investment real estate although the liability piece is overstated.

Very good   we sold 3 flips last month and working on 2 right nowWe bought a bunch to hold as well1 piece of advise - don’t buy on market I am buying w issues   I solve whatever issue and make a lot of equity or moneyStill hosting 2 nd weds of the month which was last week  and tonight I’m the guest speaker at the Reia You have my info  if I can bring you value let me know