Our first DEEP value add multifamily project here in Radford, VA just stabilized and refinanced out of the 12 month construction loan. 6 unit apartment building all 2x1 near Radford Campus.

As I build my revenue I plan on expanding to buy and hold deals, so I need something flexible.

In Chicago, there are quite a few buildings with illegal garden units, and I thought it might be possible to live in one of those while I'm trying to make it legal with the city but would that be against FHA guidelines or conventional loan requirements?

Purchase price: $140,000 Cash invested: $550,000 I am in the process of building a 2,800 square foot new construction duplex!

Each time I go there is a new massive residential building, downtown major renovations, Amazon with 2 mill + sq ft, Shewing Williams new 40 story building being built in the heart of the city and so much more.

Get rid of debt, build a budget, and save.

I have been looking around, and found very interesting proposals for the new buildings, which should be finished only in 1-2 years.

There is the those that have to sell and yes they are probably selling it distressed or a forced sale- but as you mention if you look at this listhttps://www.nmhc.org/research-insight/the-nmhc-50/top-50-lists/2023-top-owners-list/These companies may have some strategic liquidations but they can ride this thing out.It’s the syndicators who promised people cash and took at short term debt because they played the lottery thinking they could flip a multifamily building thinking prices always go up and cannot now handle the debt burden.

Then you will have your inspection fee every three years that will vary based on the type of building and how many units.

I think a decent litmus test is that if you don't feel 100% comfortable walking in the neighborhood at night, you should avoid investing there.