Residential
Single-family houses, townhomes and small multi-family up to four units. Typically distressed, dated, or inherited and being sold quickly. These are the projects with the shortest cycle and the clearest comparables — renovate to the standard the street supports, then sell or place a tenant.
Commercial
Neighborhood retail, small office, light industrial and flex space, mixed-use buildings, and apartment buildings of five units and above. Value here comes from the lease, not the finish: raising occupancy, resetting below-market rents and correcting deferred maintenance is what moves the appraised value.
What we pass on
Ground-up development, land banking, and anything outside a market we can reach and inspect the same day. We would rather decline a deal than underwrite one from a spreadsheet and a listing photo.