I will have no problem getting the mortgage afterwards, I just have some other projects rolling at the moment that tie up cash.Thanks!

There’s a huge and badly needed street project coming over the next few years on the main drag in the near west part of town - W.

I've seen a lot of this lately where GPs are offering outside investors pref equity to effectively "save" the project from foreclosure.

I golf, play a lot of softball, run most days, walk my dogs, do some real estate projects.... stuff like that. 

A safe baseline is 5%–10% for vacancy, with C class properties often leaning toward the higher end due to more transient tenant populations.As for maintenance, the percentages they’re quoting—2% for B class and 7.5% for C class—are on the optimistic side, especially for long-term projections.

If your role is critical to the project's success, aim closer to 50-50.

Quote from @Jorge Magana: Nathan good afternoon; I'm about to do my first cost seg study for a new construction project we recently finished; would you recommend REcostseg?

Also I’m curious, though: do you have strategies you rely on to keep projects on schedule, especially with contractors?

For a "Professional" developer, defined as someone with 24 projects in the last 3 years, the minimum score drops to 660 and the down payment is only 10% with a 9% rate and 1.0% fees.

We are looking to wholesale outside of our chosen market to help build capital for projects within our chosen market (Louisiana) as I have potential deals in other markets and am not confident in how to proceed with them contractually, (don't want to be stuck with a bill I can't handle currently and also want to ensure I'm operating correctly).