Hi all, I will like to underwrite a potential multifamily deal in a secondary market and would like to factor in the cost of building for a similar unit to understand if I am overpaying or underpaying.

I could use a little help and motivation with keeping on track as well since this is a side venture and is not replacing my main source of income at the moment. :)If you are interested, PM me and I'll share my contact info. 

I mainly operate around Philadelphia and Bucks County (grew up in Newtown). 

Hi @Rick Baggenstoss I have done several flips in Atlanta and mainly always use laminate, since my remodels are pretty involved it is hard to save the old hardwood because a lot of the areas I open walls and change the interior layout are then missing hardwood.

Here are demographics and economic factors we're watching that could translate to a housing slow down.The largest group of borrowers, baby boomers, are aging out. 

Cap rate and area are going to be your most important factors.

I am moving into the smaller unit, the mother in law suite, as a live in flip and renting out the main house once it is rehabbed.

But I haven't met many successful 'self-made' CRE investors who haven't lowered their pain factor, crunched their timeline or increased their learning curve without seeking out a mentor or two on the way.

The old policy was better IMO for the regions, such as Lehigh Valley, that are further from the DIG main meeting - that old policy allowed those new to DIG to get a sample of the meetings they would be more likely to regularly attend.

I see a lot of people waste homeowners valuable time for potential resolutions because they are unaware of all the factors relating to the foreclosure and details of the debt associated with property.