I’ve heard from countless people over the years who made their construction financing decisions strictly based on the term sheet terms and have had miserable experiences.

Here’s a recent real world example. . .This deal was put together by my former student, current friend, and now successful real estate investor.Source: expired listingLocation: investor, Florida; property, IllinoisType: long term lease option via a sandwich leaseTerms between investor and homeowner:a) 48 monthsb) option to purchase price $135Kc) rent, $1200d) cash out of pocket, $0.

For my problems over the past few years I would strongly suggest that you do drive-bys long before and long after the scheduled inspection. 

I would have done things a little differently in terms of purchasing our second property, knowing what I know now.

Matt, sorry it took so long to respond!

Hello BP Family,Just wondering your thoughts on New Builds as an investment- whether it be a build and sell or build and hold long term as a rental.

Usually, I rent my rooms for long-term rentals with a minimum 6-month lease.

If you can sacrifice some short term cash flow, Columbus should be an overall better market for appreciation and long term cash flow.

I would love to have a meeting to discuss possible strategies, questions that we have, and we are serious about investing in a property as long as the numbers make sense.4) Also, if there is any Investment Community I would love to join, meet up with some investors so we can share some knowledge / valuable information.

I've been a full-time real estate investor since 2019 and have flipped hundreds of houses and currently own a 50+ SFH rental portfolio (including short-term & long-term rentals).