Serious inquiries only. " style="-webkit-font-smoothing: antialiased; margin: 0px; padding: 0px; border: 0px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-weight: 400; font-stretch: inherit; font-size: 1rem; line-height: 22px; font-family: "open sans", sans-serif; vertical-align: baseline; position: relative; overflow: hidden; color: rgb(52, 65, 77); letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; height: 312px;">Potential condominium conversion project in a nice area of Los Angeles.Purchase price $10,000,000ARV $13,000,000For those not familiar with the process, I can help with the work.

As far as podcasts, I'd recommend the following:The Best Ever Syndication Book by Joe FairlessThe ABCs of Real Estate by Ken McElroyMultifamily Investors Who Dominate by Beau BerryFor books:Think Multifamily PodcastThe Real Estate Monopoly PodcastLifetime Cashflow PodcastThe Best Ever PodcastThe Multifamily Takeoff PodcastMultifamily Mavericks PodcastsThe Multifamily Wealth PodcastFor mentorships (which can help cut your learning curve, and help you get to doing bigger deals faster): -Think Multifamily with Mark and Tamiel Kenney -Jake and Gino***Make sure to determine what you're looking for in a good mentorship first, then see if the program aligns with your criteria.

I would be looking to use an FHA 203K loan or Fannie Mae Homestyle to get a 700-800K loan with a construction component.

Make sure it aligns with resident demographic.

The purpose of these maps is to ensure the municipality’s growth and building development are in alignment with the needs and vision of the community.

Doesn't someone still need to administer the process and make sure all documents are in place, disclosures, any other component, work with the title company, etc.

You might have the same person do the same thing - but do a bit of work to understand basic components of tax and how it impacts REI.

If the property is missing key components like plumbing, a roof, electrical or has been gutted then no they will likely not lend you $ on it but if it’s a remodel and the major systems are in there, and there are bathrooms with plumbing and electrical and the kitchen would need to have cabinets etc... if this is a home in ok livable condition they will lend to you

So just see which option you align with most on using the existing equity.

I'm not suggesting that this model won't work, but it is hard to do unless you can first align yourself with someone who is already practicing this model (which is what I believe you are trying to do - so kudos!).