I’m evaluating a small multifamily new-construction opportunity in New Orleans and would appreciate your perspective on how you’d approach it, or whether you’d pass altogether.

On that note, I currently live in Haverstraw and am evaluating some rental properties in Stony Point.

I would evaluate all of the above and then make a determination.just because rates are lower may not mean it is a good decision to refinance especially if there are prepayment penalites or you are not holding long term.

I want constructive criticism and honest feedback on whether this is feasible for the average investor.Some questions I have:If you were evaluating this for your own portfolio, at what point (at acquisition, early refinancing, after the portfolio is complete) would you personally consider 15-year financing?

We are in the ATL and we finance RE investors, so pls. keep us in mind for any debt needs as you start to evaluate small MF deals.

No progress in 12 years of being on BP, poor credit score, fairly low savings, adverse to Ramsey’s teachings of austerity and saving.I still wish you the best.

Having good teammates consisting of an Investor-Friendly Agent, Lender, Contractor, and Property Manager will also be critical for your success.Good luck and keep us posted on your progress!

I say this because to find success as an agent, entrepreneur, business owner, etc. you'll need to 'burn the boats' at some point.As time progresses, you'll be faced with some decisions:- is this the year I decide to go 'all-in' on Real Estate?

You get 3 very unique attributes when do what we coin "Path Of Progress" Investing: Forced Appreciation, Market Certainty via review of the development plan (cities not just individual builders) and my "Happy Place" 0-capex. 

It means your situation has changed, and there're no new opportunities to harvest.Conclusion.Do hire competent tax accountants specializing in real estate.Do NOT evaluate such hire on an ROI basis; direct immediate savings are not guaranteed.