Pre Payment Penalties of 2-3-5 years are common but can be bought out of in upfront points or increased interest rate.

This is very similar to what I did....1.

Hi all,I am new to the real estate world, and my primary purpose in posting this is to introduce myself to fellow investors and agents in the area.

However, if I take out a construction loan later down the road, say 5 years, I probably am not going to have more than $10,000 to put on that loan so I’m not sure if this is the best route.

That’s when I realized out-of-state investing could be the best path forward, especially given our flexibility with remote work and plans to travel.Venturing into Airbnb ArbitrageSince I wasn’t quite ready to buy, I ventured into the Airbnb arbitrage space and purchased a master class to learn the ropes.

A cost segregation study was performed on this residential condo in Herndon, VA purchased in 2017 with a depreciable cost basis of $151,518.

My first market ended up being a bust and decided to pick a different market for out of state investing. 

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

If you fixed the foundation right and have receipts/warranties it's not a big deal.

If you have any further questions, feel free to reach out to me!