Is your client building to rent, or build to sell? 

It’s a great way to get your feet wet in real estate while building equity.

New builds, new developments, plenty of rentals within driving distance of the city center, and there are still plenty of areas where a good eye for a rehab job will get you a good ROI.

Have the co-op take out a loan for 60% of building value, then charge buyers 20% of value in cash for each unit. 

Quote from @Rory Darcy: Hi guys my name is rory, pretty new to this im an out of state investor residing in new york, looking to invest in wisconsin and illinois, currently looking to build my portfolio around multi family duplexes or single family residencies, would be great to connect with like minded investors or agents who can lend a hand.Rookie investors should not invest out of state.

You should reach out to @Melissa Haworth she can get the actual numbers/rents on STRs in the area to help run your comps.Each building is different, each area is different, it is important to find accurate data to make good decisions.

I just spoke with one DST broker (Realized 1031) and they said that most sponsors that they work with kind of add the loads to their total costs, so all of your investment is put to work, although at a possibly higher building cost.

Please double check this and make sure that wasn’t the amount for the raw land prior to the build.

You can build the tool yourself but it will take time. 

@Max Bellino For smaller properties like your 2–4 unit multifamily buildings, an online cost segregation study is a quicker and more cost-effective option, providing sufficient accuracy for straightforward properties.