Also, I’m curious—have you found that lenders’ confidence grows after seeing how smoothly things run, or are there certain aspects of the deal where they tend to focus their due diligence?

We currently are under contract to buy a .3 acre lot in downtown that is in a frequent transit area, which means we are allowed to build two accessory dwelling units on the lot. we are also zoned for a duplex, so that’s the plan!

I currently have a full time W2 that takes up most of my time, so putting myself in a position where I can earn extra income and eventually transition away from my W2 through real estate investing is a top priority for me.

Thank you for the reply,Investing near public transportation would be good; close to NJ Transit rail would be a good idea.  

As for protocols, just make sure to set clear expectations—cleaning schedules, payments, and house rules—so everything stays smooth during the longer stay.

Website overall is smooth and intuitive.  

In addition to identifying and purchasing those properties I am currently focused on building out the management SOP's to facilitate smooth management of the 10-12 units owned by 3 different entities. 

For my first home, I bought a fixer in a transitional area and put 25% down. 

These remaining assets will be owned free and clear, without any mortgage debt, and will begin generating consistent cash flow, which will be directed towards regular investor distributions.This transition represents a significant milestone in our strategy to streamline the portfolio, reduce risk, and ensure healthier returns for you all.Looking AheadAs always, we appreciate your trust and confidence in Poly Capital Group.

On top of that, we transitioned the loan from a community bank to a Freddie Mac agency, making it non-recourse—a significant upgrade.Exit:Today, on August 15, 2024, I’m proud to share that we sold the property for $3.15M.