Hello and welcome to the forums!

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Quote from @Account Closed: Hey guys,I have no experience but after looking at all my options I have come to a conclusion that my best move is to buy land and develop multi-family apartment building (15-20 unit) 2 story somewhere between Miami Jupiter.Budget for everything 3MDone with cash + 6% line of creditLooking for long term holdI would love to hear any insight on what areas I should look at, ballpark of build price (hard costs and soft costs) and would love to network with anyone in the area on this.ThanksIf you're looking to develop a 15-20 unit multifamily building with a $3M budget between Miami and Jupiter, there are a few key things to consider:Land Budget: Aim to keep land costs around 10% of your total budget.

Hi @Dave GreenIf you sell the rentals, or even just one, you can use the funds to cover the down payment on a DSCR loan.

Since launching our website and Facebook group, the number of requests has skyrocketed.

With the requirement to disclose this, how do you advertise and create social media posts?

When I looked up in the "Property Mapper" portal, I noticed it still shows the name of the previous owner. 

Connect with local investors through real estate investment groups, attending housing fairs, and speaking with property managers familiar with the LSU rental market.Good luck!

. :)  dont know the answer but if I was guess there is probably some lenders that do it with sufficient equity.

For instance my 90 lot subdivision at one point I had 90 legal descriptions and parcels on one master deed.. as I sold them off we just deeded them out separately.. its super common especially in older platted cities were lots might have been small like 25 X 100 and someone bought 3 of them and then built one home on all three.. some places they force merge them others you can go back and recreate the Old lots of record.. there is millions upon millions made by those that know how to find shadow plats and bring to life underlying parcels.