In the first year you'll only bring the balance down about $4K, but you'll pay about $8.5K in interest - twice as much, obviously.

Dennis' dad and I actually tripped over something similar back in Chandler.. we learned to tap into city planning websites and even call the permit offices directly to get a real sense of their backlogs.

Quote from @Jason Baker: After leaving the real estate market in 2024 and bringing in the new year of 2025, what are the best updated strategies/approaches to be a successful wholesaler in the Miami Market?  

The website looks legit, the schematics they sent us looks legit, but they would not send us the brand names of the furnishings or the links.

Partner with an Experienced Builder – Bringing in a partner with a track record of SFR development could help meet lender requirements. 3.

Here is one piece of advice When looking at areas to invest in check out this website https://www.areavibes.com/ its pretty cool it gives you a total livability score and rating for that areaBest of luck!

Non-recourse has less personal exposure, but you need a very strong balance sheet to secure this without bringing in a KP.

Investors should keep an eye on government spending in housing to understand how these changes might shape local markets.At the same time, Bessent’s focus on driving GDP growth could bring a surge of opportunities.

Remember, most county assessors either have the info somewhat incorrect or their websites will be nearly impossible to figure out correct sq footage, especially for unfinished areas.

This website is a nice starting point as you are deciding on what location to choose from.