Recently, Woodfin, which is just North of Asheville, under the leadership of some of the people that formerly lead Asheville's STR initiatives, adopted similar restrictions. 

Real numbers- purchase 907k,rehab , closing costs, soft costs, 840k, all in 1.747 mil, basis for each unit should be roughly 291kappraisal of each unit minimum 400k , so 2.4 mil if for all 6.I might refi only 4 out of 6, that will cover initial loan amount.

Not sure if hard money would be the correct route to go for this one or notHey @Scott Allen I generally run the initial underwriting to minimize the developer's equity (@Shayan Sameer) based on the max LTV % or LTARV % that the handful of HMLs that quote me on my deals.

Initially, the business was cash-flow positive for the first three months, but things have declined since then.I received several negative reviews due to cleaning issues, and it took me over a year—cycling through multiple cleaners and settling for an average one—before finally hiring a great cleaner.

These files were standardized forms that many other lenders in the past have given me up front or not long after the initial engagement.

Despite my initial contact on December 17, 2023, and subsequent emails to Courtney.Sansone the problem remains unresolved.The issue arose when I attempted to link my Bigger Pockets PRO account to my Stessa account.

In this example the initial investment would be $50,000.So the owner of the IRA would have to pay 37% in taxes seems to negate the interest paid of 12.5% annually.Do I have this correct?

I was told initially that commercial deals(5 plus units) were based more off income property is producing than personal credit/finances but that's not entirely true.

Despite the initial low purchase price, our strategic investment and fast turnaround led to a strong profit, demonstrating the success of our collaborative effort with Amanda Frecks.

These can be great for making initial connections and learning about specific markets.Since you're thinking long-term, consider spending some time in your target markets to build relationships with agents, property managers, and contractors.