We are forever grateful for the sacrifices you and your families have made to keep us safe.

The county is the second fastest-growing in the U.S. and the fastest in North Carolina.The zoning for the project is already approved, and with our captive audience of potential tenants, I’m confident that all units will be leased upon completion.I’m seeking advice on how to best structure this debt with a private investor or investors in the short term until the property is fully rented and long-term financing is secured.

@Jordyn GeggIf you mean like property manage then you would need to get licensed and insured for each property since this new LLC does not own themI would not take on the Burden or expense of setting up another LLC for something like this since it doesn’t gain you anythibg

I just put in my 2 weeks notice this morning also.Thanks for your post- its great to hear about more and more of us taking the scary jump to live life more on our own terms.Congrats!

As part of this point I was told, while Trump was president for 4 years in his last term the area just continued experiencing steady population growth despite the fact that he made efforts to secure the border. 

I would double check all this, but my understanding is as follows:The property owner is still responsible for repaying the mortgage, even after condemnation. 

Read books like Set for Life by @Scott Trench and Start with Strategy by @Dave Meyer to get the mindset of starting on the table before going too deep into an asset class or something like flipping.

Thanks for posting this. 

Will it match the statement amount up with the actual credit transaction for the bank account attached to Stessa?

. $700/month (about 35% below market, which is closer to $1,000-$1,200) or approximately $6300 per month.Multifamily Property is Currently vacant, but there’s a signed letter of intent from a state housing agency to lease the property on a 5-year NNN lease at $3,000/month.This property has stable cash flow now, with a strong potential for upside by adjusting the mobile home rents to market rate.