The 4th unit will take longer as we need to demo the living room, bathroom and bedrooms completely and rebuild it all.

Obviously not a perfect solution, but it would save you lots of demo, rebuilding and probably some vacancy too.

Not sure what we are gonna do with it yet but if it's a tear down rezoning it to commercial and reselling it could be better than rebuilding a home.

At first I was going to just repair what we can, but I think it'll be better if I remove the deck and stairs (it's a rental) and just rebuild the fire escape for the 3rd floor.

It would cost 7 figures to rebuild this behemoth.

If I plan to purchase the property as is, demo all the structures on the land, and rebuild, will a big bank help, in terms of lending, on the purchase + demo + rebuild costs? 

Hello my name is Matthew. i found BiggerPockets years ago and have been interested in real estate since i was in high school. i made excuses and let life get in the way for many years.....bad decision seeing i wasted all that time. fast forward to now i am married and have an almost 2 year old son ( wow he grew up so fast). right now i have a decent job with a very caring company but it just isnt enough. though i can save some i wont be able to provide the life for my family i feel that i should. i have been rebuilding my credit for the past 18 months. now is the time for change, yesterday was the time for change I WILL GO DOWN THE PATH TO A BETTER FUTURE. i have listened to almost all the biggerpockets podcasts, read/listened to many books, i am a delivery driver on nantucket island so i listen to audiobooks and podcasts all day while working. i have been started looking for deals but still having a little difficulty analyzing deals. currently i live on cape cod Massachusetts and commute to nantucket everyday. i use the hour long ferry ride each way to search for deals. i have alway been interested in owning enough multi-family homes and apartments to supplement my income. i am currently away from home and my family 14 hours a day, sleep 6 to 7 hours which leaves me spread pretty thin. i am grateful for such a wonderful community that is biggerpockets for coming together and sharing, teaching, helping and building one another. now that i have kind of ramble on i will get back to the point. i am interested in the BRRR strategy particularly with multifamilies 3 units and up. i would also love to learn how to analyze deals better so i can either wholesale them to or partner with other investors. i am not opposed to investing out of state but dont have a team formed yet either in or out of state. i have been all over the country and live in oregon, arizona, north carolina, maine, new hampshire, maine, alaska, and now massachusetts it is great to be here, i appreciate you all and cant wait to know you betterMatthew Hudson

I have a property in my neighborhood that burned down 3 years ago, I'm thinking of making an offer to the owners of the lot, does anyone know what current developers are charging for a rebuild in the Nashville TN market?

My contractor friend wants to do the rebuild, and we will either go in on it as a partnership (we went in on the direct mail campaign jointly), or we will arrange some kind of buyout, or we will just wholesale the whole thing to someone else.

I am rebuilding my credit but it is going to take a year or so to get it good enough.