Until interest rates rise people are going to continue to gobble up properties Pac-Man style.

Did I mention the indoor pool and hot tub lol.

Purchase price: $361,800 Cash invested: $600,000 42 units (Garden Style) (woody walkups) Sq ft31250Average size 744 sq ftPrice per ft$181.66 Cost (Build Cost)$7,040,516.11 20% Down of cost$1,408,103.22 80% of cost$5,632,412.89 85% Appraisel Value at 5.25% Cap$7,165,260.72 Total Cost Per Door$150,735.79 Build Cost Per Door$125,640.55 (Construction) We are doing a bridge to HUD financing and should be able to pull out ALL of our initial investment at the 85% LTV to then, do a larger project.

Purchase price: $361,800 Cash invested: $600,000 42 units (Garden Style) (woody walkups) Sq ft31250Average size 744 sq ftPrice per ft$181.66 Cost (Build Cost)$7,040,516.11 20% Down of cost$1,408,103.22 80% of cost$5,632,412.89 85% Appraisel Value at 5.25% Cap$7,165,260.72 Total Cost Per Door$150,735.79 Build Cost Per Door$125,640.55 (Construction) What made you interested in investing in this type of deal?

The home is a two-story, 2,458-square-foot, three bed, three bath Craftsman-style home built in 1921.

Low cost housing is built for people at poverty level, not hipsters looking to live a certain life style. 

Purchase price: $187,500 Cash invested: $25,000 Contributors: Ryan Johnston 3 Bedroom 2.5 bath Cape Cod style home in High Point, NC What made you interested in investing in this type of deal?

Spanish / Moorish style architecture, on-site gymnasium, 1,200 seat auditorium & ornate exterior concrete ornamentation.

The most common portfolio style loan in Texas is a 20 year adjustable rate loan.

The home is a town house style Brick one level 2 family.