Some properties, especially those with Accessory Dwelling Units (ADUs), provide opportunity to break even or cashflow with lower down payments.Out of state (as well as Upstate NY) investing is appealing when taking this all into consideration.

We can do all the normal stuff but do a lot of dscr, portfolio, and can broker as well.

His name is on the construction loan and it is secured as well as the cash to purchase the property came from a heloc from his personal residence. 

I hate tiling as well...the worst is once you lay it out and are 90% done...grouting/cleaning SUCKS even more!  

Yes, they may not lose their money but they won't make the most out it later down the line if it wasn’t a well-calculated purchase.I am sure all of this can be leveraged and outsourced but why can't all of the above be in one website, like imagine interactive brokers but for real estate investments.

If you think you might put down roots here, then this could work out well for you in the long run.

I'm a local chicago mortgage lender but we are licensed and do a ton of business in CA as well - happy to be a resource in any way I can!

There's a specific development program for financing newly constructed properties for buyers and the entire project as well.

I'll follow up via DM to connect further.Looking forward to diving into more BP content and meetups as well.

Not only that, but you'll have to also pay interest only payments on the loan while the property is being built as well.