I'm selling an investment property and want to know if the proceeds can be used towards a new build on an empty lot I already own.

The manager and mngt company work in tandem daily to manage tenants, buildings, maintenance, contractors, accounting, escrow, HR, taxes, fair housing, municipalities, legal etc… It does take a village for sure. 

If I were to buy a building that is in second mortgage foreclosure.

I purchased a new build and an older home 3 years ago. 

I am going to be the financing arm of a new build and sell business.

But I'm also building an ADU here at my primary in California.

If im going to pay 4-500k for a 30 year old home, i might as well spend around the same if not less to build my own smaller home the way i want it..Any info or advice is greatly appreciated. 

It's a great market but you need to be liquid and you need to either build your own wholesale outfit or be at the top of the buyers list at 2 - 3 pf the best wholesalers of the area.

And when did your building permit get approved?

Hi ALL,Just reaching out to see if you can give me some insights on Charlotte Michigan, Small City close to Lansing MI (21 Mil), I'm researching a Multifamily building, My concern is that there is 9,000 plus population only, I see articles that show is a good rental market, but it will be grate if anyone that knows the area can have some feedback as far is Schools, Crime rate, Economy and so on.As always, thank you guys, have a great day!!!!