Took a month of hard work (lots of open houses, social media marketing, email newsletter, follow up with agents, etc.), but we got it done.

The interest rate arbitrage between cap rate 7.5% and borrowed funds 6.25% is thinner than I'd normally find acceptable (normally 2.5 spread minimum) , but the main goal on this one is access to cash reserve.

The thing is that most famous youtubers I’ve watched in this industry have their actual names on their social media to BRAND THEMSELVES.

Spread the word!

My thought is if we used seller financing to eventually sell and had say 100K of suspended losses could those be applied to the 'recapture tax' first since that would be due in year 1 and the capital gains would be spread out over the term of the seller financing?

The basic arrangement would be 20 bedrooms (each with their own bathroom), a large kitchen with multiple appliances, and a few common areas spread out over around 6000 sqft.Do you think 300 to 400k would be a realistic budget to overhaul the place to luxury apartment standards?

I’ve followed you and the Blackjack team on social media since then.

Spreading myself too thin may not be a good option right now.  

I suppose once you submit your "note buyer vendor package" to them, showing you are qualified to purchase notes, have the financial wherewithal (your financial spreads), have the capital, have the policies and procedures in place, and the experience to manage NPPI data, maybe they will talk to you.

You can put them around the lock area, or spread them out closer to the top and bottom.