The larger the purchase price the greater the spread you need between purchase price plus holding costs plus rehab cost and ARV.  40k projected profit on a 600k project is too skinny for me. 

Although in the last couple deals most have come out as 506C deals where only accredited investors are allowed, there are still 506B syndications where you can be a sophisticated investor (self proclaimed) so you don't have to be accredited.

I have written a less sophisticated web crawler but for different purposes.

Projected annual income is 20% of the purchased price.  

Or, have they adjusted their project to accommodate a higher interest rate environment? 

Investment Info:

Townhouse buy & hold investment in Baltimore.

Purchase price: $85,000

Cash invested: $60,000

My initial strategy for this deal was to flip it and sell it, but the market was unfa...

Hi BP Community,I have a small family-owned shopping center in Wimberley, Texas.  It is in a perfect location (off the square) in a very popular tourist town outside Austin, Texas.  The problem is the buildings are in...

We’re currently using it for multi-family properties in a few core markets.While redIQ is a much more sophisticated tool that focuses on properties with over 50 units, our system is perfect for properties up to 50 units, providing an efficient solution for managing lead intake and financial analysis without the complexity of larger systems.Here’s how it works:Lead Intake & Processing: Automatically processes broker emails and key documents (OMs, Rent Rolls, T12s, etc.).Quick Review: Evaluates leads based on key metrics like IRR, price per unit, and more.Detailed Analysis: Extracts data from documents, evaluates financials, and identifies additional income sources.Market Research Integration: Automates checks on flood zones, demographics, school quality, etc.Deal Tracking: Uses Google Sheets to visually organize lead data—while not a full database system, it provides a simple and efficient way to store and track deals without the need for a full-fledged database like MongoDB.Financial Analysis: Built-in underwriting and financial modeling with automated reports.In addition to ZCG, I also own a portfolio of properties.

Crickets...At this rate, it will be 2+ years before the project is finished.Anytime you ask for a project plan or schedule you will get vague responses with no actual plan.

It also requires gaining a level of sophistication and knowledge that not everyone has the time, inclination or ability to do.