He doesn’t believe in the blame game.

BRRR can definitely seem like a beast at first, but once you get rolling, it’s a game-changer.

Hi Shakti, As a lender we do work with US-visa holders as long as they have an established credit score in the US.

Trusting a GC can work if you thoroughly vet them, use a detailed contract with clear milestones, and establish systems for accountability.

Note the below bill was proposed, establishing a 5-year moratorium on condo conversions in high population/population density counties (basically Hudson County only).

I have been playing the multifamily game for almost 10 years now, and the GRM is one of my least favorite methods personally since it ignores so many important factors (steam boiler versus electric baseboard heat as an example). 

What makes it tough in the beginning is your rental income is not established so you need to be able to handle the debt not using rental income. 

And boom you buy a lot for the price of a single lot and with some simple forms to the city you get to re establish the old lots..

The only exceptions I can think of are a lack of experience frustrating your financing process or where the GC has such a well established brand that a buyer will pay a premium for a home built or renovated by that particular contractor.

once this stuff gets on BP and its monster google search results IE goes to the top of the page its game over..