Build credit history and savings for down payment and closing costs.

I mean this thing is getting ready to blast off and I'm still learning what shape blocks go in which shaped holes!!

Go to BUILD YOUR TEAM at the top of your screen and you can search for other MEMBERS or LOCAL MEETUPS.

The play would be to wait a year and a day, demo the property, build a small box, spec home, and sell to an FHA buyer.

we are competing with large new apartment buildings that offer a lot of amenities.

And the real volume is conducted by wealthy investors who have the option to build marketing machines and flip, hold, or wholesale deal flow at scale.

Could you hold a 2, 3 or 4-plex in an LLC, live in one and still sell the entire building as a personal property sale after 24 months (no cap gains tax)?

However, it could also be a pro as the plan would be to buy more buildings like this together in the future.Plan b: Purchase another multi on my own.

Rehabbing adding more rooms or can you build more units on the lot.

I've heard a few opinions on this, and I've seen varying evidence in my market research.As an example, just this evening I'm pulling sold comps for a house and one of the highest sold price per sq ft comps is located literally right next to a railroad track, and has a massive commercial building right in front of it.