If this is a long term hold and you can swing the $300 I think you will be fine.

My Stats750 credit scoreI have 5,900 available to me in personal creditBecause of my low level of personal credit, my program will be 18 months instead of 12 with the first 6 months being dedicated to increasing my personal credit to 20k so I can become eligible for a business line of credit.If you have been thinking about joining Fund&Grow or are looking for creative financing please PM me.

I dont think the margins support hard money or two loan closings on this one. 

If a single deal works out at this scale, the family has problems like estate tax transfer limits ($13M per child) to think through.Further, as long as the funds/deals are separate from one another, the one that does go well instantly makes the syndicator an "expert" in that specific strategy or market, which then attracts the next 500K social media followers. 

Sure thing - IRC 1245 refers to Personal Property type assets - think of all that 5-7 year property you pull out in a cost segregation study. 

I think it is a great idea, steady tenants and a great REI if you are willing and able to take care of it (of course you can have a property management company, depending on what you want to do).

I think I will add it myself on FB marketplace and see what happens. 

You may be thinking of the FHA rehab loan, where you can wrap renovation costs of up to 110% of the purchase price into the loan. 

I don't think it is that crazy to have public trashcans at Bus Stops.

What do you all think of this???