I’ve heard of a few different options but would love to hear your experiences, especially if you've used gap funding on flips, new construction, or commercial projects.

@Chanel Snerling if you're going to rezone in those Neighborhoods, you'd be better off going with max number of units possible.What construction project development & management experience do you have?

The best option would likely be a construction loan, which can cover both the purchase of the land and the build.

We use a construction loan to build a 4bed 4 bath cabin.

Determine if the area can support new construction.

He said that he had never seen investor notes this poorly constructed to limit the rights of the investor. 

Let's talk,DanIve actually been looking into buying a condo myself as an investment, I have a few rules, needs to be with both good hoa management & relatively cheap fee (bellow $600 a month) needs to be in area where I’m not competing against other new construction apartments, needs to be an area where even townhomes are so expensive you are not competing, I.e. upper nw, nova, Bethesda etc. needs to be 1990’s or newer in most cases.

Op ex ratio may end up being more like 45% or perhaps 40% with newer high quality construction.

Of that 50M, 25M was allocated for the construction of a new recreational faculty that has since been completed.

Additionally, the study must be completed by “qualified individuals” and “professional firms” that are competent in construction, design, auditing and estimation procedures for building construction.So while a specific methodology isn’t required by the IRS, taxpayers must ensure that their depreciation deductions and classifications of property are substantiated with supporting evidence.