Hello need suggestions/advice...own a business with property...Land next door was approved for Mixed Use Construction (Retail on bottom residential on top)..Construction has begunMy business is slow and is affecting bottom line..may need to relocate business and have developer build on my property...Would like to keep property and build same as next door(numbers will be easy to get including approvals) ...looking for investor ..Afterbuild units can be sold or rented...For exist plan total improvements $2.3+MPlease let me know thoughts....suggestions time sensitive..Thank you

It sounds like you’ve got a solid plan in place with the bank refinance to secure long-term financing.

It highlighted the importance of strategic planning in quick-flip scenarios.

Purchase price: $690,000 Cash invested: $172,500 Took a gamble on a larger single family home in an up and coming master planned community.

They don't have to be complicated or expensive to set up but can help limit your exposure and shield other assets in the event someone wants to come after that.

NOI Underwriting Methodology: NRI and EGI, real estate taxes, operating expense underwriting rules of thumb, replacement reserves, appraiser’s impact on lender underwriting, expense comps, etc.10. 

I plan on mailing the letter certified and I wanted to know do landlords also call the tenant as a courtesy to let them know about the letter. 

I'm planning on buying a LTR at the moment, likely small multifamily. markets are hard too.

Hey Connor, Welcome to the Forums.Wishing you the best as you plan for your first rental.

@Arthur Savery, This can be a great game plan called a diversification exchange.