This new program was created by the Downtown Investment Authority (DIA) and approved by Jacksonville’s City Council in October 2020 and our company, along with a group of other Jacksonville developers and downtown stakeholders, were a part of the process.It allows for more incentive dollars to be allocated to developers to revitalize historic downtown buildings, which in turn leads to more residents and more amenities coming to downtown Jacksonville.

@Chris C.If the current rates, that are still within a point or so from the absolute historic lows, are "underwhelming" now, wait 6 months when inflation starts to kick in. 

Hello BP members, I'm reaching out to see how you all are handling the news that Fannie Mae announced March 10th that they are limiting new loans secured by second homes or investment properties to 7% of the overall loans they purchase (roughly HALF their historic levels), effective April 1.In my current investment area, I'm seeing an immediate increase of 2.25% on all investment loans.

I believe historically you could use your attorney.  

My feeling is that individual investor stakes could be more secured when tokenized through the use of blockchain rather than relying on the record keeping of a one or two person real estate syndication company.In this case a token represents a digitized record of ownership in a real property with the record of such secured on a digitized series of transactions whose history can not be altered called a blockchain, and historically re-recorded with every future transaction.

Even if interest rates go up 3% from their present rates, that's still pretty low from a historical perspective.

Historically CA buy n hold RE has produced best in nation results.  

The historical average for the stock market is about 10%.

I believe the quad plex you looked at was down the road from me in Heritage Hill, these are all 100 year old historic homes.

Interest rates are still historically very low and it sound like you have about ($415k x 2 = $830k - $325k =...) $505k of equity!