If you can get upfront money from a HML, why would you want to receive rehab money that is tied up in escrow until you complete rehab milestones but are still paying interest on from day one?

Where the two lines on the graph cross is what you should target.Randy 

If it’s something larger that can have some sort of real milestones, then ther is something to work with.Don’t forget to plan on having cash for unforeseen “stuff.”I hope this helps.

GCs get paid by the milestone and work done. 

If the project is on a flat rate basis, you can (and should) develop milestones with progress payments tied to those milestones.

No system with a 0.5 to 3% open rate is worth my time.The ONLY way you will make DMM acceptable (mind you I said ACCEPTABLE.. not "good") is if you send a crazy amount of mailers out.Give me a sec.. let me prepare a graph for you that illustrates how DMM works.OK so now...

When you need construction disbursements you apply for a draw and they wire it once proof of hitting a milestone is provided.

I know some people might see all those millionaires on social media rather its on Instagram, Facebook, Tiktok, etc and get really interested and excited about how they reached this milestone due to wholesaling homes, but this is not the case.

Below is what happened in 2019 to our target property profile:The following graph shows the current median $/SF comparing to the peak ($171/SF) in 2006 for properties conforming to our target profile.

I feel that if I can find these type of Condo "deals" that it would only take about 8 to get to my milestone number of $3k per month of net income compared to many more for the SFH (~19 or 20 SFH's)