I just paid my attorney 15k today in just fees for 4 entitlement contract red lines and we arnt even under contract yet!  

If the deal is profitable and meets the criteria we are looking for, then it doesn't matter if it's at 7% (an average number, by the way) because it can get refinanced later and it is still profitable today.  

I went into the same thought today as I also have a four families at Union City then I found this post. 

Here are my choices as of today.- Investorfuel- 7Figure Flipping - Collective GeniusFor local REIA's, there basically are none after COVID.

What is the home worth today?

@Jeffrey Evans$1000 to find a deal I agree - there are tons of syndications and funds available for real estate investors today since jobs act that you can invest in and do your own research on.

Here are the terms:12-month term17% Interest (Annual)Quarterly interest paymentsSecured by equity (not real estate-based)$250k minimum investmentFirst-come basisFeel free to book a short 10-15-minute call if you're interested in learning more.Marco SantarelliPartner, Money Is MastermindHere is their marketing email about the original fund I am still receiving:In today’s volatile market, I want to discuss inflation and some ways you can beat inflation to help you grow your wealth and boost your passive income with a focus on our investment fund, Norada Capital Management.I'm hosting a live webinar this Thursday, April 11th at 11 am PST (2 pm EST).In this live webinar we will discuss:How does Norada Capital mitigate risk in this environment?

But on a conceptual level, real estate has always been better for equity than cash flow. 10 years ago it was possible to optimize for cash flow, today that is tough.

Quote from @V.G Jason: Brandon Turner's advice is old, outdated, and for the most part not relative to today's market.

It certainly sets an interesting precedent as it means if you add a safe unpermitted unit today, it may be protected in the near future so that safe units are not removed from the market.