Hi Daniel,I just did a cash out refi on my own home with a similar rate so I have cash to purchase a multi family property or to build a SFH or multi family with the help of a construction loan.

@Daniel Molina makes some great points about knowing College Park on a granular level.

There are many real estate focused CPAs very active here on BP who work virtually  like @Daniel Hyman & a Houston local @Michael Plaks

@Elvis Vasquez@Gabe Amedee@Amanda Britton@George Griffith@Julian Ballester@Daniel Daes@Ross Mcghie@Bradley Sriro@Justin C.

@Daniel Hyman  Thank you!

v=PNKJNNbPCEcTake care my friend,Daniel

@Jesse Meader @Jordan Moorhead @Daniel Kurkowski If there are no current leases in place you can you 75% of potential rent if there’s a current lease you need to use that number. 

@Daniel Kurkowski I believe the improvement must be double the basis in the property (i.e. buy an apartment building for $300k, and then put another $300k into it) - Note that the investment must be made in a qualified OZ fund as well which are self-certified and can be any partnership that holds at least 90% of assets in qualified OZ property.

@Menalik Archer with partners like that, you don't need enemies.

@Daniel Dietz  It's a great idea.