If, through the process of renovating the property, the market shifts, do you have an alternate plan for the property, whether it be to live in it until the market improves, or convert it to a rental property, etc. 

The lot size, the pool, and the quiet cul-de-sac location provided great bones, and with the right upgrades and modern touches, it could command a much higher price in the competitive Hamptons market.

Does anyone have a map breaking down the Phoenix market area ?

That would be your downpayment and or market value the day you buy.  

Hi,We recently (Aug 2024) bought commercial land of around 2 acres. this was part of bigger commercial lot (around 25 acres) which had AG exemption and so the taxes that they paid was around $20 each year. we received a 'AG ROLLBACK' letter from the appraisal district that starting 2025 tax year, we will be taxed at it market value resulting in additional taxes, interest and possible penalities for 3 prior years.

I am not a slave to a lender or the financial markets as to what will happen next.WHY do syndicators take on tons of debt and leverage high then?

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

The opportunity cost of losing potential market gains in your retirement fund should also be considered.

Thankfully we are commercial bank clients so our rates are as low as you can get in the market place for anyone who is not Lennar or DR horton or those types.

I suspect it's due to the change in the housing market and economy.