If it is a high-end project, I would spend on an actual lIcensed designer.

At the end of the day; you need more money to do something like this.MAX LTV on new builds is 80% LTC, Meaning if the build is $550,000 and Land is XAdd ($550,000 + x ) * .8 = LOAN AMOUNTYou would need to come in with MINIMUM 20% of the cost in addition to closing costs and reserves, $80,000 is not going to cut it for this project.

What would you say your goal is: A) Cashflow Growth B) Net-worth Growth  The goal is to learn as much as I can about multi family or similar apartments and to get started by the EOY.

For those who’ve used it, what strategies or sources have worked best for you when covering the difference between your loan and the total project cost?

The construction project in question would be in West Philly, if that's helpful.

I was drawn to the accessibility of their projects without needing to be a FUND, along with the extra benefits that come from their large-scale output.As an investor, my priorities are finding good deals, investing in landlord-friendly markets, and transitioning to new construction properties.

Can anyone share a breakdown or budget for a similar project in a similar area?

Has anyone here had experience with this type of project?

In the spirit of Goal Setting, here are my top 5 Tips for ensuring you set goals with the highest probability of success. 1.

The 7 isles project hasn't even started.