With over 15 years in the industry, I’ve had the opportunity to work on a range of projects, from residential redevelopments to mixed-use acquisitions across Texas.Today, I noticed some news about the ongoing expansion of Tesla’s gigafactory (https://www.bizjournals.com/austin/news/2024/10/28/tesla-gig...) here in Austin—an impressive 10 million square feet!

I’m currently working on 58 unit BTR development project and seeking one or two private debt investors to help fund it.

but it's really, really tough right now as there is limited inventory, tremendous competition for deals, money is expensive, and good contractors are booked up.the equity in your home is an example of very expensive money. 

If you wanna tell me a little about:Your goalsYour capitalYour credit ratingI can help guide you where to start, what kind of project may be right for you, suggest some markets to look, offer you some sample terms on a loan.  

As of last week, our partner has given us $44,000 and additionally we have paid about $49,300 into this project.

I have a call with CAFIMO tomorrow, and while I'm not planning on doing a refinance based project right now, I'll ask about this and see what the broker has to say now. :) 

With the HELOC you can tap into that equity in the home when you need it for other projects.

Contractors in Cleveland are hit or miss, so it's good to start them with smaller projects to build rapport.I like the west side of Cleveland, because you don't have to worry about the POS from the city.

These small projects add up quick. 

From what I've heard, peer-to-peer lending platorms can offer decent returns and the ability to withdraw funds relatively quickly if needed.Personally, I've found that investing in short-term real estate projects can be a sweet spot.