Back by popular request: participating in Momentum 2025 will give you exclusive access to self-guided mastermind groups to make real, lasting connections with others on their journeyGet all of the information, and access to early bird pricing here https://get.biggerpockets.com/momentum2025/What questions do you have about Momentum 2025?

For example, let's say you are guaranteed a 7% pref and the property delivers exactly that, but then sells with a capital gain. 

Perfect for today’s market.Speed of Approval: He was aproved and had access to funds within two weeks, which gave him the edge to close on a high-potential property.Clear Communication: The team explained everything in plain English.

And would this be considered "capital gains" since it's re-sold under 1-year therefore having to pay a large % of tax on the profit?

After gaining some home equity, I sought to pursue my investing goals.

This isn’t about immediate affordability; it’s about creating a sustainable system that gradually reduces costs and increases accessibility through scale and efficiency.Institutionalizing Cultural and Economic ValueSimilar to how pension funds and university endowments operate, this model institutionalizes cultural value.

Hey @Dalton Foote - I highly suggest  using a renovation loan and house hacking a multi-family if that is possible with your current life circumstances.The 203k and homestyle renovation loans are just amazing products and drastically help you reduce your risk, in my opinion, because you are able to leverage the cost of the entire renovation with such a low down payment loan.We work with a lot of clients who use these products in Chicago, and no matter what, in the long term, they gain great equity.If you aren't able to house hack - the process is essentially the same, but just with more money down with hard money or conventional construction loan.

Consider the "2 of the last 5 year rule" to avoid capital gains. 

The property is a 3 bedroom, 2 bath (one of the rooms is the master with its bathroom and access to go outside), with a separate garage and an unfinished garage unit.

How is access in the winter?