A construction lender may be willing to take out your current loan and use the home as additional collateral for the construction reducing or maybe even eliminating any cash needed for the development phase.

Ideally, you would have money for down payment in savings and use a HELOC to find the rehab to reduce your hard money costs.

You'll be better served by just setting cash aside earning 5% and looking to refinance later on.

Tenant Relations: A property manager with excellent tenant management skills can reduce turnover and increase tenant satisfaction.

I personally never hear stories of the turn key provider spending extra sound proofing between units or investing in better quality fixtures or other high touch building materials so that the end buyer can enjoy reduced maintenance costs and better tenant engagement.

Investors want you to earn an income if you are the GC as long as it’s market rates.One structure for land purchase the investors put up all the money for land and house, you do all the work including management and you split all the profits from monthly cashflow 50/50.

This reduces the rate of interest by 2% the first twelve payments and 1% payments 13 through 24.

If you look at real estate as one of many vehicles to earn income, you simply have to acknowledge that it isn’t always going to be the most favored vehicle at all times.  

Their capital exposure was reduced by 200%+.So now they own the house and work is being done. 

Many will be well educated on their housing options guided by their brands, teams and universities, and are well capitalized and qualified on a short term 3-6-12 month basis, and I actually had a client purchase a newer townhome in Tallahassee for lease to a football player at FSU..Keep in mind the top earning NIL athletes stretch across multiple men's and woman's sports.