I grew up in the real estate industry watching my father raise money with a PPM for large multifamily value add projects and a developments.

Some offer it as an additional rider for more money.

Properties don’t make money; how you manage them does. 

This allows us to save time for you as a resident and save money for the owner of the property. 

It turns out that nothing is more of a waste of time, energy, and money than this, money that could have been spent elsewhere.

High rates are here for at least the medium-term (1-2 years), so deals will have to pencil in this current environment.You may also want to consider hard money for your lending, as they can often fund your construction with far fewer restrictions than a HomeStyle loan.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

If people tell you to get a loan with 500 credit and no down payment and they can do it, I would run as they are most likely trying to scam you and request you pay $2500 or $5000 upfront and you will never see that money again.

You should speak with a CPA and a tax attorney to be safe.Regarding your thoughts about 1/3 equal splits - sounds good until you check out the cost of getting a DSR rehab loan or borrowing hard money.

I purchased a FIRST LIEN Purchase Money Mortgage that foreclosed, originally from 2006.