My CoC return in STL is 10% now that the buildings have stabilized, it seems like the buildings are appreciating at an acceptable rate, and I have a team that I trust there (realtor, PM, contractor, lender). 

Would I be able to knock down and build a new home and once I sale, I use proceeds to pay off the first bank? 

Super nice to connect with like-minded pro's looking to kill it and build true power in networking and connections.

I am going to build a house on it with cash and live in it.

I know there is a lot of variance, but what would be a good baseline threshold number to compare quotes for building a 5/5 house in Atlanta GA with average finishes nothing fancy?

The upside:  There is a lot of money to be made, potentially, and every door you add to your portfolio builds your company's value bigger and bigger (vs. sales, where it's a transaction and then it's over).

Original to the building?

Hello all, I am new to the group, I use to wholesale a few years ago and life took over and I ended up in a new career path but  , im back ready to get back in the game and network with others , let’s connect.

In contrast, if you buy a rental-ready property with a 30% down payment, you miss the opportunity to create equity.

It makes it easier (legally) to build an ADU and provide a means to rent it out or have family stay there.