Hi Tim,There are several effective strategies and resources you can use to stay informed about future development planning in your area, without solely relying on attending city council meetings:City Planning Websites: Most cities have planning department websites where they publish upcoming development projects, zoning changes, and long-term planning documents.

I think the medium term rental strategy would work well here.

Also  beware that  paying a large loan fee  may affect the lenders  ability to do the loan.I got cashGeoffrey -  awesome ...having  cash makes  negotiating way easier ...fyi -  in the  future - if you need to get a loan in the  name of your LLC as compared to a loan in your own names - the terms on the financing will be higher . 

I was wondering if buying a long term rental property with tenants already in place in a market that is up 20% yoy is a good investement or not. the rough numbers ive been running seem to have a decent cap rate but the house is about 15k more than the zipcode average. 

The Guarantor agrees to be personally liable under the terms and obligations of the Debtor in this Agreement.Borrower's Known Assets: Home in Florida with 300K+ in equity, bitcoin in wallet $500K, 401K $500K+, two small businesses (equity unknown).I hope this is enough info to get the conversation started.

Be sure to speak with a tax professional about the IRS requirements of this as you also don't want o violate the mortgage occupancy requirements.DM us if you'd like to chat about all this in greater detail.

I guess I'll see if I made a good deal or not in order for this to work.Blanca,Yes, you could take a HELOC for the remaining repairs, or refinance into a bridge loan and get some capital back to make those repairs, and then refinance into the long term loan that you are looking for. 

Plan for the Future: Make sure the home can accommodate your long-term plans.6.

So we went down a bit but never "crashed"2020-2022 was pretty nuts but not super crazy compared to 2018-2019 as most offers have been over asking price the first weekend since 2018May 2022 it dropped off a cliff though and 2023 was terrible in terms of inventory. 

I was going to make a detailed post on it, but honestly too busy with live and doing passive deals to be bothered.