Those duplex's my clients bought are now trading high 400s low 5s .On the flip side my current project in Canby Oregon I am alble to negotiate 1 to 1.2% for the buyers Brokers these are 700 to 1 mil each..

Sold on 11/15/2024 for $249,900, this project highlights our commitment to creating value and achieving substantial returns.

There is a definite liability to being a "GC" of the project, vs the I didn't realize, my contractor didn't tell me I thought they did it ... for minor things

I'm wanting to get into Multi Family development in the Houston area and have started to look at potential projects.

Private Money Lenders: Reach out to friends, family, or acquaintances who might be willing to invest in your project for a return on their investment.7.

The projected return is down from 12% to 10%.https://www.pprnoteco.com/invest/fund-offerings/I think some posters here have outdated information referring to prior PPR Note funds. 

Am I just looking at MFH values over the last 24 months and trying to project? 

@Melissa Odom Hello Melissa, can you dm me your projects?

Purchase price: $131,000 Cash invested: $41,000 Off market deal - Going in this project with an Opportunistic BRRR mind.

Here are some key red flags to watch for:🔴 Lack of experience: A borrower without a proven track record in real estate projects may struggle to navigate unexpected challenges.🔴 Overly optimistic projections: Unrealistic ARV (after-repair value) or underestimated rehab costs can signal poor planning—or worse, a lack of transparency.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.