I learned a lot from both projects and hope to learn more. 

Or, have they adjusted their project to accommodate a higher interest rate environment? 

There is a catch - the couple wants to 1031 the funds into their sons next larger project which is TBD.

We already paid them a pretty sizeable entry fee ($30k) to cover some of their equity and debt in another project.

Hi Jonathan,Jay’s Fencing (209-847-3992), Elite Iron Fencing (209-968-6685), and Fletcher Fencing (209-662-8298) are solid options to get bids from and compare.I also offer consulting services to help clients navigate projects like this—whether it’s evaluating bids, ensuring the scope of work is clear, or helping you avoid potential issues during the process.

@Matthew DrouinThe one I'm looking at right now is a smaller 8-unit project - only around a $100-125k equity raise + loan guarantee.

What’s your vision for your next property - do you see yourself leaning towards value-add projects, or are you focusing more on turnkey options?

I've been really stoked about this project since I found out about them a while ago.

This is the largest Adaptive Reuse project that I've taken on. 

If you were only going to net 10k and the fees male you a lose then it was never a good deal.If you keep project costs less than 72.5% of the ARV then no lending can screw you.