In order to create enough equity to refinance out all of the investment OR MORE targeting properties that need substantial rehabs is where BRRRRs bread is buttered.

By 2030, we want to have grown a portfolio of over 100 units, created a property management company that manages an additional 100-200 units, and, finally (and most importantly), we will have established a non-profit that is focused on quality, affordable housing that specializes in providing housing and resources at/on the "services cliff" alongside financial counseling and first-time home buyer education in our target area.Our target area is the Springfield, MA and Hartford, CT areas with dreams to expand to Central Massachusetts (Worcester, MA), Southern New Hampshire (Nashua, NH), and Southern Connecticut (New Haven, CT).Would love to meet up with likeminded individuals in our area!

Investors can invest through 3 paths where investors capital is deployed immediately and stays deployed. 1) Our unlevered debt fund that targets 7-9% return with a liquid portfolio and quarterly liquidity.

The goal of the first 3 deals will be to target 1-4unit styled homes, requiring minor-rehab.

Because this property is located in midtown historic district of Sacramento, we feel there may be market for both MTR and STR, but first thing is we will target LTR and let 3 or 4 units filled in.When we first start developing this apartment from ground up, it was intended to flip and move on to the next project, with timing and interest rate etc.. we deiced to keep it as a cash cow for a while and see how things go.  

For this reason, I would take inventory of the local banks within your target markets that offer financing options that best serve your real estate needs (again, usually the smaller local banks), and build depository relationships with them.

Are you targeting a certain area of STL?

It is really targeted at gross overuse.

I do not target a number I target a lifestyle.

Are you targeting a certain number of bedooms/unit (this is how S8 generally calcs the rent for each unit)?