Builders are basically rewriting the affordability math right now, and it’s not because their base prices crashed, it’s because the incentives are doing all the heavy lifting.

It basically turns in to a how long have you owned it meter. 

Basically the current LLC will first deed 50% of the property to you and the other 50% to your partner as tenants in common.

But it figured it out as:-What would be my total NOI if I paid off the $1.2m balance (and now that I'm thinking about it, I maybe should have did what the extra NOI would be since there would be no mort payment anymore)-For the total property, I basically took what the price of the building is today and assumed it increased by 1% per year.  

We can turn around quotes in 2-3 biz days after receipt & review of basic property financials (rent roll, T12 financial statement, AR report). 

The plan is intentionally conservative, but I want to pressure-test the financing and execution before locking anything in.It’s a 31×110 lot (3,410 sq ft) The current concept is a two-story front duplex (two 2bd/2ba units ~1,150 sq ft each) with a rear 1bd/1ba ADU (~600 sq ft).

They only allow basically 1 business day for payment at the PBC foreclosure auctions.

Love what you're building — you're basically turning ChatGPT into a portfolio analyst. 1.

Once you understand a pocket well, it becomes much easier to spot a deal and know when to walk away.It also helps to put together a basic plan you can repeat on future projects.

It is basically illegal in MD.