In retrospect I wish I would of read a few books, talked to a couple educated individuals, and invested on my own.

If that were to happen, then in retrospect you will be a sad panda that you bought down the rate. 

-After acquiring the lot, I quickly realized a few things: #1 I probably overpaid on the lot a bit or paid close to market value, it retrospect I could have probably negotiated $65k on it. #2 This was a very, very narrow lot and given the building setbacks, it would be very difficult to accommodate a sizable home on it. #3 Without any construction background, hiring the right builder to co-venture on this project with me would be critical.

Also tax-wise, In retrospect, I could have considered a REIT or a ROBS but I do not know how I can do that retroactively.

Investment Info:

Large multi-family (5+ units) buy & hold investment in Chicago.

4 flat plus 1 non-conforming basement unit. 100% rented. Gentrifying neighborhood.

What made you interested i...

(FYI I am not much of SFH flipper)the one I am I doing now took $700,000 but in retrospect, I could of poor boyed it with half that much easy.

I think 15 or 30yrs in retrospect, this could actually be a great deal- initial low cashflow assumptions aside, especially in this market.

In retrospect I think for the better.

The new owners, if smart could have rented the basement for at least $1000...in retrospect we should have BRRRR this but it was our first deal and we didn't have the funds and experience to flip the loan over to a rental loan.

I talked with the city the day I bought it and, in retrospect, knew this could be an issue at that point.