While I’ve never done a project like this before, it’s something I’d love to take on—or at least organize and bring in the right experts to see it through.I estimate it would require around a $2M investment to build 5 houses on the lot, with each home valued roughly at $600K.

I'm on the Emerald Coast of FL (Destin - Fort Walton Beach) and I have noticed that there have been several investor developments, where an investor buys a property that also has some extra land and then adds tiny homes on the extra land to use for additional STR housing.

Go to those Open Houses and get to know them.

However, don't know why you'd want to take the risk of putting a Section 8 tenant in a Beachwood house.

I've helped a client buy a house with ADU using the VA loan.

Purchase price: $127,000 Cash invested: $20,000 Off market deal from a relationship when tenet left aesthetically rehabbed the house and is now cash flowing rental.

We are currently looking into buying a house in San Antonio which will be our base and from there we can venture into other areas and find good deals.

My friend and I have a brokerage and we all sell houses to clients but our main focus is personal investments and building multifamily at the moment.

https://www.har.com/content/department/newsroom?pid=2114Houston Real Estate Highlights in August, 2024:• Single-family home sales declined 8.3 percent year-over-year• Days on Market (DOM) for single-family homes went ...

Also, if I was to take out $50k from the first property to put a 25% down payment on the second house, would there be an easy way to tap into the rest of the equity in the first house if I wanted to take another $50k to buy another house in the future?