It makes sense for your new build but you'll have leverage something (fixed rate) to get out of that loan. 

So I bough it for $160k fixed up for $125k.

Well, apart from “if you give me $3000.”Luckily this is a co-living model through PadSplit so I have some income coming in.

However, rates have since moved upward.A 30-year fixed rate mortgage is once again sitting around 7% interest:For broader context, here’s a chart for 30-year fixed mortgage rates over the past 5 years:The real estate industry hoped 2024 would see a recovery in which mortgage rates fell and home sales climbed.

Check your model to see what works and how much you are willing to accept.

Hi everyone!AIM: I am looking to start a syndicate. NEED HELP: I am looking for assistance in lawyers and other experienced syndicate mangers to seek advice and some guidance. Purpose of the fund: To purchase old land...

STR is a slowly dying model that exploded in the last 10 years and correcting big time.

BP has no reason to improve the search feature, which they could fix in a heartbeat.

Once I have fixed it up and rented it out, I can make seller finance payments to her.

Worth noting that most firms will do two types of studies (although they may be named differently) - detailed engineering and modeling.