That is tight leverage for an investment 2nd position loan.A private investor might be willing to do it, it's not going to be cheap at all & will be short-term money & will not be a line of credit to take out at your liking.What is your rate on the 1st?

He will be selling the project to buyers once completed and not interested in operating.How should I evaluate this deal from an investment point?

Quote from @Albert Lopez: @alexclark Did you ever invest in Cleveland Ohio?

If approved, it could seriously hinder foreign investors from directly investing in properties in Spain.

I'd feel comfortable investing ~$50k to start off.

I am stating out with wholesaling and once I raise enough funds will be investing in rental properties and flips.

It's creating new ways to unlock property potential and offers a pathway to profitable investments if you're targeting the right neighborhoods.Here’s the deal: SB-9 allows to split a single-family lot into two parcels and build up to four units.

After that initial down payment, the bank will basically be financing your investments.

Hello @Tove Fox,You are not investing in a state, you will invest in an individual city.

Quote from @Todd Boone: If it is, what kind of investment?