However, remember that they also mean taking on more debt and dealing with variable interest rates, which can affect your monthly cash flow.Consider this when figuring out how much money you'll make compared to what you're spending.

I have only used hard money 1 time, and don’t remember the specifics of what their requirements were of my personal finances, if any.I’m curious, how many hard money loans could I take out at a time?

However, it’s important to remember that this fear stems from the unknown.

Pricing over there seems to be more speculative on what it could be worth 15-20 years from now rather than tied to the fundamentals of cashflow.Also if you start in Inglewood, 2 hours in LA traffic doesn't get you very far haha

Analyze local demographics, rental trends, crime rates, and future development plans .While South Atlanta is undergoing revitalization, there are still opportunities worth exploring, especially in specific submarkets with potential for long-term growth.

NOTE: the largest builder in our state put them under contract for $100K per, then backed out saying there would be too much sitework and tried to get them for $75K each - they sold for average of $122K.7. 150% ROI in 18 months - no sweat...hahUnicorn, but certainly worth the work/trouble.It's just too expensive to build in most cases these days...this is one of my strong conclusions.Thanks for your earlier feedback!

I don't remember where I read that - and perhaps someone more knowledgeable on the subject can help out.

Depending on where you are in Astoria, it may be worth it as I know long term the city planning is trying to boost higher zoning use cases to open up more supply of units. 

Remember, your QI has to create a new titleholding entity to take title to the land while your spec house is built.

Each credit has specific qualifications and benefits, so it's worth exploring which ones you might be eligible for.