Some hard money lenders will fund the project but I agree with Nicholas L's response that it's harder when you are a first time investor without a track record. 

@Frank Alfano agency debt is very competitive (75-80 ltv, non-recourse, fixed-rate etc); you can syndicate and raise the equity portion needed from friends and family, provided you can market and lead the project.

The area seemed to really gain appreciation in the middle of rehab and boosted an ROI that was already projected to be strong.

You’ll make less money but you may learn more along the way for future projects or reduce the headache factor (which can be significant).

So my patience is wearing THIN on the Bennah Oaks Ocala project. 

After finding outlets and switches placed in bad spots and plumbers who wanted to argue about the use of Pex manifolds my subsequent projects I literally would pound all the electrical boxes and label what they were for and buy all the the materials myself. 

Use these tips on your next project to save some money but still get that designer look!

They are currently in the middle of a quarter billion dollar multi use zoning project. 

They may offer less direct management and, depending on the location, could provide a solid return.Peer-to-Peer Lending or Crowdfunding: You could look into real estate crowdfunding platforms that let you invest in real estate projects without owning property.

When I started in WA DC area funding a few new projects..