Ready to invest into a 4 unit complex in jesup or valdosta ga

Ready to invest into a 4 unit complex in jesup or valdosta ga

Member since 2020 · 2 posts · 0 votes

Hello everyone

I am looking to invest into new construction of a 4 unit complex for the first time in jesup or valdosta ga. I'm asking what step in to be taken.

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  • Stephanie P.Pro Member
    Washington, DC Mortgage Lender/Broker · Member since 2016 · 4k+ posts · 2k+ votes
    6y

    @Jackson Williams

    Building a 4 unit from scratch is quite the task.  Are there no 4 units you can rehab?

    If you can find a rehab in the location you're looking for, the money for rehab is readily available and cheap (owner occupied).  Even rehab is there for you with hard money, but ground up construction is a lot different.

    Stephanie

  • Member since 2020 · 2 posts · 0 votes
    6y

    @Stephanie P.

    I don't want rehab properties you never know the exact cost. I want new construction properties to attract my audience. To me buying existing property you have to continue to convince your audience that the properties is under new management. I want my properties to have a fresh start

  • Stephanie P.Pro Member
    Washington, DC Mortgage Lender/Broker · Member since 2016 · 4k+ posts · 2k+ votes
    6y

    Try local banks.  Fannie Mae construction loans are available, but not for units and must be owner occupied.

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