After doing that I wanted to get into multifamily rentals but I'm wondering if that's even the right way now.

I've been listening to BP for years now and just now getting involved in the community element.

I am wondering if anyone here has a co-hosting contract they could share.

Transparency, I thought I would never be able to afford Alexandria either.We showed up to Old Town Alexandria and started renting. 4 months later we found an affordable house in Woodbridge we could get into for a year with low down, then rent it, in the mean time we recoup the capital from our other 2 properties to go buy again after that 12 months.

Varghese, if you'd like to pursue, keep me in mind because I may know some local resources who I could get you in contact with. 

I have the ability to get these units built at very favorable costs and there are no real comps I can find so I am at a loss for planning my development strategy with regards to the size of loan I could reasonably get.This will be my first project and my partner's third but he self-financed the two others.

It's been used as a short term rental for the last 3-4 years and the numbers are really strong for what we were able to get it under contract for.

The best way to get a clear answer is to reach out directly to the servicer of your assumed FHA loan.

WE all get our profit on the same day.

I started in SFR, then bought an 8 plex and have just continued to get bigger since then.