Pending analysis paralysis. What to do next ?

[Adam Fiore]

I have a few options.

My current decision is what to do next.

I close on a new construction how that I built early next month. In the mean time I am working on a Three family that I just finally evicted the former

Tenants. It took 6 months.

After I finish the three family I am not sure what to do next. This is what I am Currently thinking.

I want to refinance the 4 small 2-3 and 1 unit buildings I own and pull out roughly 450k.

I am contemplating using the funds to purchase land and then build another new construction home in the spring or parlaying the 450x5 basically using it a 20% down payment ) for a much larger

2,250,000 multifamily value add apartment complex.

It would be nice if I could finish the value add from December to March but in all honesty

It would probably take me that long to get someone desperate enough to accept the type of money I offer

I love building and improving. I love working with teams. I would be happy with either project.

Yet at the same time There is nothing like

Multifamily homes do all the work for about 3-4 months and get paid for the rest of your life.

The money from doing just one new construction property at a time is good But inconsistent.

Is there a way I could parlay the 450 into a new construction development loan much the same way I could with a apartment complex ?