Hey Joshua,I'm currently in the throws of a development project in Brooklyn, and the $300 a sf model is a little light, especially if you plan on decent finishes. 

So a bit of background.

•Consider a cash-out refinance with a lender that focuses more on the property’s appraised value instead of just the income.

Nearly most of the newbies, close to the 90 percentile took bad deals and either had it foreclosed on or lost tens of thousands of dollars.

Hi @John I'm based in Southern California, but I have started my out of state real estate journey in Indianapolis.

(in terms of pros and cons).You can also use rentals to provide additional borrowing power if your rental currently cashflows from a tax perspective.Hopefully that helps your scenario advance forward in terms of what to ask and think about.

WE have done quite a few of those over the years with some pretty spectacular returns..

Go to local real estate investor meetups, there are a lot of them in Chicago, and start networking.

If there is no agreement signed and this person is just someone listed from the broker's database, I do not believe it is acceptable for the broker to collect a split in addition to the house split.If you are to consider negotiating this additional split, there is a lot to take into account here... what is the % of business that you generate on your own vs. how much your broker contributes?

I know the deferment period for capital gains is almost up, but what are the pros and Cons of an OZF vs a traditional 1031?