For this, plan on securing at least 12-15 acres of land.

A home on water?

Then I would immediately focus on mid sized deals.

In my understanding that’s even illegal and I should not even had to have hired him had the town not been corrupt .

These are the first things I look at.Lastly if someone is advertising on BP, it’s not a bad or good thing - all it means when someone advertises on BP or pays BP to be promoted it just means they paid to be on the website.

@Nick Cooper you can buy with as little as 15% down on a single unit property with conventional financing.

Being novices in the game we do not have the legal or business background to know where to begin on accepting funds.

On 8/15/24, 2 of the biggest changes are..✅ No longer can a buyer agent commission (that would be paid for by the listing brokerage or seller) be marketed on the MLS listing.✅ An agreement must be in place between the buyer and buyer’s agent before any properties can be toured.It should be noted these rules are in line with the NAR settlement and is an MLS participation requirement, not state law

Depending on your level or preference of analysis, data and their providers are incredibly important and difficult to obtain when it comes to real estate underwriting.

For traditional loans that rely on personal income and DTI (Conv, govt), there is no requirement that the properties be profitable.