Originally posted by @Helen Zhang:I currently have an upstairs common area with 3 walls, and I am interested to convert that into a bedroom.

Originally posted by @Justin Cabral:@Joel OwensThanks for the input.

Just 2 months ago, Kislay was caught using ChatGPT to generate his answers to tax questions in a a "ask me anything" post just like this one. 

If every other post is some off-market deal or course pitch with no real value-added content, that's likely not the one you want to join.

I do not flip (it is a job) and post rate increase I cannot find properties in my market (San Diego) that do not bleed cash after extracting the value. 

Originally posted by @Ori Skloot:Hi Folks,...

What I think I want to do is pull enough money out for the repairs, find a lender that will allow new builds with 0% down since I own the land I mentioned and then buy other multifamily properties with creative loan products they you guys may posts about after reading this or else buy them with (insert ominous music here) the remaining cash with from my DSCR cash out. 

Hey @Choon Yee Dee, As accountants on BP we cannot promote ourselves directly.

Jorge, great post and topic. 

I'm just getting started in CRE research and am focusing on understanding traditional financing. From what I understand so far, the asset matters more than the borrower's income BUT many lenders have a "net-worth" req...