This official 3 fam is being used as 2 fam; needs reconstruction.

This is going to come off brash...what you're asking for is a well educated and skilled surgeon recommendation that is willing to take a 50-75% pay cut for their skills.

Hi all, just thinking if it would be possible to somehow utilize the equity in a home to pay for extensive reconstruction, i.e. tear down and rebuild?

It was a 2800 square foot medical condo unit, in a great part of town, rented out to a plastic surgeon.

Here is my question: There will be a number of costs incurred on the property during this reconstruction time that are normally deductions I can expense and are not specifically related to the rebuild.

Seller has agreed to credit the purchase price for the removal and reconstruction of the patio that exists above the tank. 

The misconception I keep seeing is that investors doing these venture type deals ( development, construction, reconstruction) want to attract financing with the same 20 - 25% down used  on the purchase of an existing cash flowing with debt coverage improved property.  

Keep in mind my friend, Mo, is also a doctor, and his wife is a surgeon.

One of our 7 SFHs is on an oil heat furnace.  Our tenant, one of our very best, just messaged us:"FYI, when I moved in, oil was $1.69/gallon. It's now $4.85. When we responded by asking him, "any suggestions?", He res...

I used hard money to reconstruct unit A and unit B was in good condition (still needed work but not as much).