All Forum Posts by: Carlos Mendez Roca

I'm currently designing and doing a feasibility study for a 2/1,2/1,2/2,2/2 quad development in Berkeley. We already own the land which currently has a single family house on it which will be "remodeled" into two of the units with some massaging.

My question is, assuming this development pencils out, what are some strategies for structuring a deal with investors. They would fund either 100% of the construction or 20-25% with a bank funding the rest. Keep in mind that we plan on holding the property indefinitely. What kind of return would typical investors expect, in what form, how would this be structured? 

Thanks

Carol W. Congrats on your deal! Sounds like you've done really well! If you don't mind me asking, what improvements did you do to the units? I'm working on a handful of properties in Berkeley near the Oakland city line that sound similar to yours.

I was wondering if anyone here has any resources for how to put together either a proforma and/or an investment offering package. Little background, I'm an architect with two single family properties each zoned for 4 units in Berkeley. I'd like to run the proforma to see what is feasible and project a return. Once that's complete and positive, I would then develop an investment offering package in order to acquire funding from a couple of investors I have in mind. I'm new to the financial side of development, but have a grip on design and the construction management. I'm totally open to grabbing coffee if anyone is local as well. Any help would be greatly appreciated.

Hey, I'm interested to know if anyone here has a recommendation for a hard money lender in the SF Bay Area. We are looking for a construction loan for a property we currently own with no mortgage. We need about 15-20% of the homes current pre-repaired value. Thanks

Hey there,

I'm also in architecture looking for meet ups and simply people to talk to about REI in the east bay. Would love to know if there are any meetups happening anytime soon.

Best,

Carlos