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So I'm looking at a deal and these are the circumstances:Undeveloped land (looks like only foundation was done), but has approved plans.Looks like 2 multi family plots were mapped out.comes with 35yr tax abatement and...
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Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $98,400
Cash invested: $400,000
Sale price: $560,000
My first new construction project. Purchased unimproved land...
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Hello BiggerPockets,My wife and I have dreamt of running AirBnBs and resorts since we were married. This year we want to take the plunge, take a risk, do something. Our goal is to build 2-3 geodesic domes as short-ter...
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Hi BiggerPockets,I am currently a Florida REALTOR (which I absolutely love), however my long-term goal is to own and develop multifamily properties in Florida and Georgia (perhaps other states in the future). In addit...
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Ok BP crowd, a new guy needs your advice/perspective. This is a long one, so please advise if I should split it into more specific forums or posts.A family member has a run down property that he owns outright. 2 separ...
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-NYC-I bought a property for $525k, I still owe 50% on it. Its currently 2 units and sits on a double lot that can be made into 2 three-family houses (6 units total), which will rent out for total of $16.5k a month. I...
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Below you'll find a summary of our real estate investing activities, mainly consisting of properties in the Spokane, WA and Cleveland metros. Would love any feedback that people have!Â
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tl;dr: In Q1 of th...
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I was recently approved and received loan terms for a new construction SFR spec loan. I have experience with fix and flip but this is my first new construction project. The interest rate is 12.5%, which is understan...
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Hi! Any suggestions on the best way to structure this deal with the lowest out of pocket cost?6 Shovel-Ready Lots in Texas within the same sudivisionCost per each lot $140k Build Cost per each Lot $500kTotal Cost Per ...
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Hey guys,  CONTEXT:I'm not totally new to multi-family, I've been involved in wholesaling 5 different MF projects (from 5-37 units), but new construction is a little bit of a new thing for me when estimating what the ...