Wanted to start acquiring small commercial multifamily properties.

My group focuses on acquiring and managing mobile home parks.

I've acquired the multifamily-zoned land, and am working through the process of getting approval to break ground.

Found what was wrong with the property during inspection, had multiple contractors quote remedies, and leveraged it to a large credit at closing that paid for the down payment and a check to us!

But they would also pay tax if their retirement gig involved delivering pizza :) Just to clarify, do you pay taxes based on the gain from the exchanged property value or from the acquired/converted property value?

Your best bet for mold is to get a mold remediation company out to deal with it.

We did a 30 year loan with a pre-payment penalty that decreases for the first 5 years, so I didn't just acquire the properties, then refinance and undermine the purpose of the seller financing.

Your best play is probably taking advantage of the VA loan to acquire a property.

If you like you day job and can acquire properties at a slower pace, then use the BRRRR method to get your investment properties while living below you means to save cash for the next one.

We honestly have no idea what to expect… So what happens if Evolve acquires bookings 6 months from now?