They work well for the houses we work in 100-500k.

@Jonathan Baptiste Have been house hacking before it was a thing, 29 years to be exact.

New builds, new developments, plenty of rentals within driving distance of the city center, and there are still plenty of areas where a good eye for a rehab job will get you a good ROI.

The buyers had invested a lot into the deal (~$100M) and purchasing the property was critical to complete their development.

They prioritize personal development.

🌳Now, parks like this only further help develop the area.

Here’s an example of one of our current developments:- A development with 7,190 total linear feet could accommodate 119 homes on 60 ft lots.

In Columbus, you can still find the 1% rule and there's amazing appreciation potential due to how much population growth, job growth, and companies moving/developing there (recently Anduril just announced another 4,000 jobs coming to Columbus Ohio on top of Intel, Google, Amazon, FB, Nationwide, Ohio State University, etc.).

You can still buy houses in small farm towns in MN for $25k.

We are not currently under any sort of contract and we just found this thread through a google search on Lendbase.We are currently working on a construction loan to develop some residential lots, assumed the Mortgage Broker would be on the up and up... had some sales-ey call with a guy out of Utah.