Right now the only utility at the garage is power so basically I am starting with a frame and a roof. 

An owner had their property with one management company and transferred the property over to my company with a tenant already in place and a lease with the old management company.

You may be serviced 3 times during the storm and a final clean up and salting after the storm .

Hi all, I've been on BP since 2014 and a multifamily investor since 2019.

There are two items that you need to completely solve this problem for your rehabs: properly built Design Boards and a Finish Schedule.

The first house that I bought was 17 years old, 3 br, 1.5 bath, brick ranch house with hardwood floors, Andersen windows, ceramic tile baths, gas heat and a brand new roof. 

The investors that I work with find this much less risky and a much faster way to get to ROI. 

And this is a biggee wading through the fake lenders or the Joker brokers that tell you what you want to hear  but cant get the deals funded and you lose the deal and a lot of money.3. with actual PML  private people  usually have very limited funds so cant scale with them.. they can have a life event and just stop doing loans all together..

Another thing to note is that if you’re self employed with no full time W2 outside yourself and a spouse a solo 401k is exempt from UBIT on leveraged real estate.  

This gives you flexibility and a clearer understanding of how you’ll proceed based on market changes.