This is a great space to meet a ton of very smart people.

Hey Al if you really want it to be local bank, got a guy named Jeff Goldstein of City National bank who can help you out with this.

I think this goes the other way as well.

Typically his projects have been privately funded and smaller than this one.

Lease expire in 5 yrs but I don't see a renewal option offered to the MSO group.They bought this place 2 yrs ago.

was this by chance the Martel program ??

We have never partnered before and have been talking about this with our new partner for years.This is the deal:345K SFH100k from the partner, (68K DN Pymt, 32K rehab)He is only an investor in the equation but wants to be a partner not the bank.

Google LLC announced Aug. 15 plans to invest more than $1 billion in Texas this year, its latest strategic goal focused on supporting cloud and data center infrastructure.Some of that investment will go directly into the technology giant’s data center campuses in Red Oak and Midlothian, both south of Dallas, which are helping the company meet the increasing demand for cloud and artificial intelligence services.

I also think the Fed knows this, and may keep rates steady to prevent housing prices going up.

I’ve been learning about the industry / different regional markets for the past few years and am eager to execute my first deal in the near term and continue growing through this community.My primary goal is to purchase a property I can live in while generating rental income (e.g., a single-family home with a tiny house, a duplex, or a single-family property where I can install a tiny house).