Over the years, with personal investment alongside investments from family and friends, I’ve been able to build a small portfolio of apartment buildings with a focus on cash flow through strong operations.

On a positive note we did build a new house to the specifications of a specific tenant. 

When it comes to housing, the FHA rules apply in addition to those of your state/city.

Are you planning to build, hold, or flip the land?

You can play with it and build up a 3d walkthrough.

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I was sent an offering memo by a broker selling a multi-family building in an area no reasonable person would even consider affordable housing material yet the marketing materials made a point of emphasis to detail how the property would satisfy the need for affordable housing.

The more deals you’re part of, the more you learn about:✅ Structuring deals✅ Managing risk✅ Negotiating with partners✅ Handling financingTaking part of a good deal helps you build real-world experience that will pay off big in the future when you do bigger and better deals.3.

I am from out of state so wanted less maintenance in the short term while I build my portfolio and grow to the point where I am comfortable hiring a manager!   

One of the benefits is that being on the loan can help build his credit, which will be valuable for his future financial goals.