In this instance this is a plan that can be executed upon and they have some control2.

I currently work in the turnkey investment world helping investors create a real estate portfolio, if you are ever interested in trading different strategies and goals, I'd love to connect! 

Barb E.

He is a contractor by trade and I am the sales and numbers guy to loosely define us.

NE Phila, W and E mount airy, roxborough, manayunk, east falls, chestnut hill cover large land areas - and there are plenty of surrounding suburbs there too that are great makrets. 

Development has different risk profiles and longer timelines BUT when you have the right team working together and you build a pipeline of projects it can be very financially rewarding without trading your time for dollars.

This cap rate is not completely out of the realm of what things are trading at.  

I googled it and found this:If you rent it to tenants, you would treat it as a rental and report it on a Form Schedule E.

As time went on, prices came down because buyers saw the challenges with rebuilding--trade labor, insurability, not knowing what will be built on adjacent lots (like one lot where the owner built a house that looked like a concrete mushroom and that devalued the adjacent new construction homes built to more conforming architecture), and so on.The weakness with moratoriums such as these is that it is now illegal to offer less than FMV as of 1/6/25--but what was FMV on 1/6/25? 

If you aren't going to be living in CR full time as you try to execute the deal I do not think it is physically possible for you to obtain a loan from Scotia Bank and not worth your time to try because the rates are so high.