Will keep you posted.   

The human race has historically been poor at predicting future, so it's wise to prepare for multiple scenarios.Mortgage rates in 2025 may decrease slightly if inflation stabilizes and the Federal Reserve eases rates, though they are unlikely to return to pre-pandemic lows.

Since you're aiming to purchase a multi-family property in Long Island, especially with the help of a capital partner, it’s crucial to run the numbers carefully (rental income vs expenses) to ensure you’re set up for success. 

And finally, while there are likely some pro accounts that will only give you discounts if you are licensed, most will let anyone sign up, and are often based on volume spent at that store anyways.

Hard Money Lender 100% LTC How did you add value to the deal?

Hi Shakera and welcome to the BP forums!

Is the condition of the property good? 

A 14-50r plug was always the preferred method, especially before the world woke  up and switched to the Tesla charging standard.

New construction has a very different risk profile from buying existing properties and fixing them up. 

I'm in several co-living groups, and the rent by the room model is getting more popular.