The other option would be to purchase the property strictly as a rental unit; nowadays, lenders are willing to go with 15% down; no income verification, and perhaps the rate be favorable in the high 7% to low 8% interest rate.

The LF of the Underpinning came out to be about $440 a LF on the low end and $1,690 LF on the high end assuming a 2' undercut. 

I know I will have to go three or so stories high, but how do you decide on the what density to propose to the city?

Jesse is not the “high-pressure” salesperson that many agents are in today’s market.

There are major manufacturers and distribution centers as local economic drivers that help support a high quality of life for its' residents.Montgomery, Alabama is centrally located and perfectly positioned in the Sun Belt.

You dont LOL, the N east is crazy high with very low returns and terrible to landlords.

So- in a highly desirable area, in order to get 10% over market averages, we would need to have high end finishes too, which in some cases can be $20-50K in improvements in order to gross another $2400 or so per year.

Before you know it you are making high interest loans on a property that’s over levered.

3) Highly likely the applicants won't be living there.

I started investing in 2021 but I had to start in the Inland Empire where prices were not too high but I could work with the properties I found.