Cities want bigger complexes so newly zoned land goes to the big guys, and small stuff that's grandfathered in already has buildings on it.

We would then transfer our current primary into a rental and cash flow $950/mth and cashflow $1750 off the newly paid off Ash St.

So, you need to know if you meet the requirements before launching in.  

You would also have to take into consideration the hard money-lender’s origination fees of about 5%, underwriting, attorney fees, appraisals and other expenses.Of course you have to balance the total hard money borrowed with the terms you’ll get on your refinance to make sure that your goal of netting at least $1,200 a month is reached.Step 7: Get the terms of your refinancing to ensure that your numbers will workOnce the rehab work is completed and after you have held title on the property long enough to satisfy a conventional lenders qualification terms, you may be able to refinance up to 80% of the newly appraised value of the property.

My business partner and I have a newly formed LLC.

All in accordance with our (newly required) EMD terms, now local law.

-I am an atty but also an agent and investor, and I am just launching my company, and my goal is really to help people like this build wealth- and one thing i learned if nothing else- best wealth building tip is, (unless there is a real compelling reason to do so like you can and WILL redeploy the money better) never sell your house!

What was your total out of pocket to launch your property?

I had a break in in one of my newly constructed home when it was listed for rent.

You can join your Mastermind group starting December 6 when the journal officially launches!