Anything 5+ units is valued on the NOI and cap rate (typically), so it would apply if you turned the property into five units with two beds each.

Along the way, I even met some like-minded folks who already are experienced in notes, construction, residential investing, and land.

Hey Richard, We operate a few small business in the Real Estate Investing space hear in columbus from Acquisitions and General Contracting through to the sales department and Custom Construction.

Does anyone know of a lender that does financing for new construction if the land is owned by the LLC?

Know how to take constructive criticism.

I say "commercial" because after talking with a few credit unions I don't fit the typical HELOC qualifications and they referred me out to their commercial departments.

Typically someone, usually an engineer would have to stamp the plat map with the proposed division in order for it to be approved.

I noticed that quite a few other hosts only keep their calendar open for three months from today’s date.Is there a strategy behind this or is it typically just personal reasons?

My handyman is also one of my best friends who used to own a construction business but had some financial problems and went bankrupt.

@Emil Pinlac I have an ADU construction checklist I can send you if you DM or email me.