Owner/Developer was in a pinch with her construction loan coming due, negotiated over $40k off original asking price to help her close.

Location: Florence, SCShort Term Goals: - Purchase 1 SFH property by end of the month, convert to a multi family, rent out- Complete my business planPersonal Development: - listen to all BP Podcast episodes starting from Episode 1 (currently on Ep. 25)- listen to Rants & Gems podcast - re-read The Book on Flipping Houses and ABC’s of RE investing- read Estimating Rehab book and the E-Myth- utilize @tuckermerrihew resourcesBiggerPockets Goals:- get at least 3 responses on my first two posts- improve deal analysis accuracy on the BRRR calculator and Rehab estimatorglad to contribute to the community

For those of you who develop mobile home parks, perhaps you can help me make a decision.

We got a pre-approval for $355,000 and we are interested in doing a house hack or developing something on a small property ideally in the Montavilla area, or east of 205! 

Cash Flow is positive immediately, basic self managed updates with trimming and cleanup while developing relationship with tenants.

DTI currently 37.5% including Rent(23% without rent), Truck, Motorcycle (plan to get rid of both and buy 2 older vehicles) and Existing Student Loan and Monthly minimum on 2 credit cards.I've been developing a plan A, B and C in accordance with what form of funding I can get when the time comes.

We used them for years - even though my wife has developed dozens of wordpress sites. 

There's lots of activity around and development and it seems like a good time to get in to me but I'm not as experienced in the area. 

There are so many different factors that can affect the tax liability of the property, (especially as you develop a portfolio) and it's very easy to claim it as a loss if you have a good CPA.

I’m taking a RE appraisal job in Houston and looking to develop a small MF (two to six family) property.