Purchase price: $550,000 Cash invested: $150,000 Sale price: $800,000 "Acquired a 3-unit beachfront property in Carolina Beach, renovated to increase rental value and resale potential.

@Brian LuterYour focus on small multifamily and land acquisition is a strong strategy, especially for scaling and long-term value creation.

More ways for Real Estate Agents to benefit from AB 1033// New Listing Opportunities:More properties to list and sell as ADUs gain condo status Ability to represent both the primary home and ADU as separate sales Potential to attract buyers looking for affordable entry-level ownership // Investment Consultant Services:Helping clients understand how to legally separate and sell ADUs Advising property owners on maximizing value through ADU sales Connecting clients with lenders and legal experts for ADU transactions // Business Development:Becoming a preferred resource for ADU-to-condo conversions Leveraging AB 1033 knowledge to attract new clients and listings

Here is the wholesale rate range at 85% loan to value.  300K purchase price using Jacksonville as the property's city. 

Feel free to DM me and I can review the micro market with you and wish you luck. 

Private Loan How did you add value to the deal?

Conventional How did you add value to the deal?

In any case, I don't see how calling them dumb and saying they are only out for a commission provides any value. 

I purchased all at $300 each and am thinking of placing cashflowing assets on them instead of reselling them, since resell value is around $1200-$3000 each. 

Also, there may be a very good investment channel that reviews cash on cash return in Lynchburg, InvestLYH.