I've built my network through different industries but real estate is a common theme in our investment strategies.

What area of the country are you building this triplex?

OTC loans are great but I dont plan on living in one of the units. 

Thanks for the info @Josh Havekost! 

Recognize the sponsor is at least as critical as the deal.  

I have experience with the BRRRR strategy/house hacking in New York.

We get commercial financing through small regional banks who often require us to make rent deposits as a condition of our loan agreement so we 'choose' whichever bank gives us financing.

Ideally by the end of next year we would like to have the adu collecting rent, and the addition completed or nearing completion.

The S&P 500 is up over 20% this year.

The next issue I think is we want this property for us since we just got the LLC started once the project is finalized we don’t have enough track record on the LLC or as a business owner to get a mortage or refinance the property under a mortage.