@Andrew Nguyen, the contract you signed allowed them to do that?

I’d just recommend reviewing the renovation requirements for the historic district since they can add time and cost, but the right team can help streamline the process.Good luck with the deal—sounds like a solid opportunity!

This new area is basically double the housing cost then the first, but I think finding the team to manage will be much easier.

Finance was a combination of a few different vehicles and ultimately ended with a HELOC which was then used to fund multiple other projects over the years.

I currently own 2 commercial and 1 residential, a 7 unit / 2 commercial storefront property, a Laundromat facility storefront, Then a 2 unit multi family that i am house hacking.The purpose of the this post is that i want to meet ALL investors( pro or just starting out) in New London County to know each other and learn and talk about real estate, want to create a great network of people in this county.

Or I could have rented out either the top unit as one of the 3 OR the bottom unit, but not both the top and bottom unit.

Only thing the Income Statement info would be the retained earnings on the Balance Sheet.

Fifth, you’ll get better screening the next time you have a fancy.

This action reflects an alarmingly popular sentiment that rental housing belongs to the state, not its owners.

Welcome to the community and be ready for a huge amount of information at your finger tips.