How did you finance this deal?

But is this possible with my current capital?

Also, you didnt mention any financing costs, was this built with cash or do you roll that into your cost of construction?

Next, press and negotiate to find what you can get for the longest commitment possible.

To thrive in real estate investing, you must maintain a firm grip on your finances.

Unfortunately, I’ve run into a major issue: I received a Stop Work Notice on my property in Covington, GA, because I didn’t have the proper permits for the renovations.I want to resolve this as quickly and smoothly as possible without jeopardizing the project.Can anyone offer advice or share their experience with:1.How to address the Stop Work Notice with the local authorities?

Lets say its $270k and you are financing $220k and it takes a year at 12% thats $26k in interest plus other costs etc.

On market with motivated seller - negotiated $175k off list price How did you finance this deal?

You may also want to look into 2-4 units as those are the easiest to finance and help you grow faster.

Through the LLC structure it is possible to take advantage of the existing mortgages modified first at 4,125% 22yers and 1%, yes one percent, for 40 years.