Plus, with a professional letter we can give more information about ourselves, build credibility, and funnel the seller to our website which is just another way for us to stand out from our competition. 

When I mentioned a new build would be vacant for 2-3 months they said that didn’t even need to be mentioned it was short enough not to count. 

Want to start building the houses now but looking to get a building loan rather than tie up our own money any suggestions on who is a good lender in the area for a building loan? 

@Tomcy Varghese Just chiming in becuause although I'm not an agent in Texas we build duplexes and tiny houses in Indy and the midwest (often on vacant land) and would love to connect with others doing anything similar. 

I'm potentially looking to purchase a small rental building which falls under the NYC rent stabilized program.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.

We know the neighborhoods inside out and my father is a home inspector who will inspect for us.

Whether you are investing for Cash flow, appreciation, looking for value add, or just tax benefits.I first build out my buy box, which the more narrow it is, the better (multi family, 3 units, in XYZ zip code, at this price point per sqft, build after XYZ year......). 

Search for areas via zip code or neighborhood.

We are still in a very tight, low inventory market- but appreciation has never been higher- it's a great place for a wealth-building investment portfolio- it sure beats the highs and lows of the stock market!