I've looked at every model of every new build of every company I can find and there's always problem with design, returns, etc.

if its a rebrand of do hard money look at old threads on BP.. these guys while not a scam many that posted on BP lost their 2300.00 because no deals were ever good enough and so they gave up and lost the deposit.. back a few years ago it was 3k.. great bizz model make 3k and and dont fund anything or very few according to others that posted.

They did poor due diligence and a poor business model.  

Again, the goal is to work with them early on to prepare them for the refi within 5 years.As to capital deployment, that is the advantage of the fund model.

Realistically we will be getting closer to retail pricing although we are are looking at some off market properties to try to get a discount.In terms of cash flows, from the modeling I have done, there looks to a decent amount of cashflow on these properties when modeling at retail so I am curious why there would be no cash flow on BRRRR strategies?

Just trying to sort out an assumption so I can plug it into the model I build and calc post-construction LTV and sale assumptions.

Probably to protect their trust of their customers, and hope that we keep coming back, year after year.So today, I went back to my old business model:  A fair price for my properties. 

if you need a spread sheet model  message me will send you the one my group use.Luis Maqueira Miami Multifamily Partners

It's shifting to a model of a big anchor, a Target or a Costco, and lots of little businesses in that same shopping center. 

Well, apart from “if you give me $3000.”Luckily this is a co-living model through PadSplit so I have some income coming in.