The suburban market continues to draw buyers with higher inventory, lower median prices, and a quality of life often comparable to Austin.ABoR president, Kevin P.

Just be prepared for somewhat slow draws that can slow the project down depending on the bank inspection process. 

Full disclosure, I have not got into MF yet, so I could be talking completely out my butt, but unless there is reason to believe that the area will draw some significant appreciation, $300/ month seems like a really tight margin unless you are contributing, but that is just me thinking that I would want to see at least $150-$200/ unit. 

How to I draw up a Sandwich lease option contract, addendum's and such and stay within state regulations (Queens Specific)?

@Veronica Taylor,In NYC you will need to hire a Registered Architect or Professional Engineer to design and file drawings for approval with the Department of Buildings.

In terms of the loan, if you qualify banks will typically finance 100% of the draws and you will just be responsible for the carrying costs.

NO.As Larry Kudlow said we may never see low interest rates in his lifetime again, already like that in Japan and Norway etc.Too hard to draw any real connections and if we Gut feel a recession we have to see where the wiggly fundamentals end up.'

I have gotten the go ahead from the City but will need to submit drawings and specs to my HOA.

Its usually going to be twice as expensive and take twice as long as you expect.THEN in subsequent houses you can try to progressively do more and more rehab, and push for bigger returns.

I.E. the seller might say they left a key in some random draw that you would have searched hours for or how the sprinkler system works.