This is where I would start if I were you—perhaps leveraging one of your existing properties.As a last resort, you could look for a partner willing to fund the project in exchange for a share of the equity.

Been in the game for a while, mostly building multifamily projects that balance quality and cash flow.Right now, we have multifamily developments going in Dothan, Warner Robins, Douglas, and working on breaking ground in Waycross, Kingsland, Colquitt, and Thomaston--new construction, built to perform for investors.

But recent projections suggest that may not happen after all.While mortgage rates are still expected to decline some later this year, projections from Fannie Mae, the Mortgage Bankers Association (MBA), and Wells Fargo now show them stabilizing closer to 6.5% by the end of the year (see below):That means if you’re holding off on buying a home in hopes of much lower mortgage rates, you may be waiting a while.

If you have insights, I’m all ears.Long-term, I’ve had deep conversations (mostly with ChatGPT) about eco-friendly building and infrastructure projects.

. - Both parties share the risks, including market fluctuations, project delays, or unexpected costs. - It’s recommended to have clear agreements outlining each party’s responsibilities, profit-sharing ratios, and exit strategies. 4.

Hi Trent, to take on a project like that I would want to be very confident on the location.

The limited 203k is no longer limited to 35,000 - it's now up to 75,000 in repairs, and thats for projects where there is no change to structure, IE, no moving walls, alterations, additions etc.

Grading is set to begin once weather gets better.Bank loan is also part of this but  they also are asking known friends to fund the project in return of higher interest rate . 

Current Market ConditionsPhoenix has long been a hotspot for real estate investors, particularly those interested in fix-and-flip projects.

Part of the funds is held back for a cushion or if something unexpectedly happens but can eventually be used as the project is closer to finishing up.