We are doing a full digital launch towards the end of the month, but we've been doing loans in "stealth mode" for a while now. 

This lot will support 2,800 buildable square feet so we are looking a building a main house then an ADU (Additional Dwelling Unit).  

4 Months and we are still looking for our first deal.  

We are currently working on a 150 door multi family in PA.

@William Collins we are meeting at Sliders in Southington this Wed at 630 pm.  1219 S Main St, Plantsville, CT 06479Hope to see you there.Dave

Hi all,Was hoping to get perspectives / hear stories on how others approached the possibility of selling RE assets and using the proceeds to paydown debt on other properties.Here is what I see as potential +’s and -‘s:+ increase cash flow by removing mortgages (so more passive income)+ opportunity to sell underperforming assets- less assets under management (so less potential equity appreciation)- taxable gains (will not redeploy into RE as my sense is we are near the top of the market)- 30 year fixed mortgages in place at low 4-handle rates (based on simple bond math, the value of my liability is shrinking on a relative basis as rates rise)Other facts relevant to my situation:* RE is but just one asset in my portfolio (and I’m fine with that); cash flow and appreciation are great, but I’m looking at the asset class as more of a long term hedge against inflation * not looking to leave my day job and / or replace W-2 income entirely with passive income * don’t need the cash flows from RE; again, I see the asset as a levered inflation-hedging play

I recently closed on a property I intended to move in with my boyfriend as we are having our first child.

I am sure we are taking about the significant appreciations  and benefit of tax saving outweighs the some of the downside of holding on S-corp. 

We are located in Texas. 

If you all haven't noticed yet, there is a TON of noise about breaking away from the OTA's, that they are a threat to our businesses and we are all eroding our own markets by selling on price.