They teamed up with a contractor to buy a small multifamily in Oceanside.

And you assume the rest of the mortgage that you're already guaranteeing.Your idea to refinance immediately after to get favorable financing is perfectly fine. 

The best part is that you are making a positive impact on your providing housing for those who would not be able to afford living in said neighborhood.Managing the property and members are things the entire PadSplit team is good at.

This new area is basically double the housing cost then the first, but I think finding the team to manage will be much easier.

Hey Team, First post here, so I really appreciate the patience! 

While we didn’t need significant updates, our team focused on cleaning, staging, and marketing to highlight the home's features.

Happy to personally introduce you to the team if you would like. 

I've heard good things about all four cities, so I would personally see what cities I can build the best teams in and go from there.

I’d just recommend reviewing the renovation requirements for the historic district since they can add time and cost, but the right team can help streamline the process.Good luck with the deal—sounds like a solid opportunity!

The office space added represents a saving of $2500 a month I was going to pay in a lease for an offsite building for my expanding team and staff.