when you find a deal and want to secure it, you put it under contract.

To put in context, 1 cleared $1.25m in 18mnth's on just 1 value-add deal. 

It just depends on your expectations for what looks like a win.

The big one to read up on is the NYS Housing Stability and Tenant Protection Act of 2019. 

Your Alumni friend who is already doing real estate deals - will be your best partner.

There are a million sites you can look at to get an idea based on more parameters.

Feel free to shoot me a text on my cell anytime. 

.: Quote from @Greg Scott: Based on my experience with Hard Money Lenders, this post does not make any sense to me.Did you not file the loan documents with the county as a lien on the property?  

Nice job acquiring the first deal.

The property sits on 5 acres, and after a successful first year with cash flow, I’m exploring ways to expand.Initially, I considered building another home on the property to use as a second STR.