Many who want to scale  fail to take this into consideration,  take on too many projects at once, have no capital to advance the construction and ultimately get stuck in mud unable to advance any of their projects.

If you choose to go with a first time home buyer program, you would need to identify all the terms and advantage of that as MANY are available.

My main goals with these initial projects are:1.Gaining valuable insights into the local market.2.Getting hands-on experience with out-of-state investing, particularly when it comes to remodels and managing from afar.3.Testing the entire BRRRR process to see if it’s the right strategy for me long-term.If all goes well, I’d love to scale up and explore multi-family projects.

As a family-run business we’re curious—what factors do lenders prioritize most when evaluating projects like ours?

Used those extensively and on big projects multi millions. then you had a redemption date usually 30 to 60 days.

What kind of project are you working on?

Randi, the program is definitely worth the time, effort and money spent.

The voucher program typically determines the amount they’ll pay based on their calculations, and you don’t necessarily need to lower your listed price for utility allowances.

The program stipulates that you MUST stay in the home 5 years or you lose a pro rated portion of that 8k.

I am looking to join a mentorship program to help lower my learning curve and until I find it, I am educating myself with books, as well as YouTube University and great advice from the BiggerPockets community.I do work full-time in a career that I love and is very rewarding, but I also know I won't attain my goals with my current job.