Property 1 : Seller Financing (Converting to 2 -Family as a hold for $2300)Appraisal Results PendingAs-IS $35-45K (TBD)Construction $125-$150KEstimating ARV $225-$250KSome Encouraging Comps on Property 1 ($247K Multi-Family) https://www.realtor.com/realestateandhomes-detail/1532-N-Caroline-St_Baltimore_MD_21213_M50251-76862 https://www.realtor.com/realestateandhomes-detail/1534-N-Caroline-St_Baltimore_MD_21213_M50254-00458 There's also an older/less modern 3 Family unit directly across the street at 1841 N Caroline St. $249K (869 W Lombard St.) https://www.realtor.com/realestateandhomes-detail/869-W-Lombard-St_Baltimore_MD_21201_M51998-28733?

We made a really nice profit on our previous home and used the proceeds to build us a house free n clear.

Some smaller mom and pop operations might want to own their own building but not the big boys.McDonalds would disagree with you.https://medium.com/@alexcjensen/forget-burgers-mcdonalds-is-a-real-estate-company-49658d4d9061I've seen Two River Bank (249 N Ave W, Cranford, NJ 07016) built practically overnight.

Please note that "Ad Valorem" may pragmatically mean something different in Florida, I can only speak to California.In California, we see out of state lenders, including big national brands that do VERY high volumes (1-800-Q-----n just today), screw up state specific property taxes all the time.What that looks like for me is "hey Chris your competitor is only charging $4000 for property taxes, why are you charging $7000?

@Nick N.

I think @Roy N. makes valid points too.

I invest in Augusta, GA & N.

How do I acquire a property for myself, from a wholesaler, as a way to get iij n on the ground floor?

N/A.

Hey guys, is it best for me to use my business credit for Multi-family investing or is personal credit best for a start? I just created a LLC two months ago