Of course it shouldn't need to be mentioned but the more expendable cash flow you have going through this the better and the faster you can pay this down or off and utilize the HELOC in any other way people can think of.

If no money has been expended on this new project, hold off and reduce your leverage a little and come back in a few years. 

We have been considering expending north to Hillsbourgh and Pinellas counties. 

The only exception(s) to this (if any) are the items reflected on theaccompanying Escrow Holdback Agreement, if applicable.Citizens is authorized to disburse the final draw in the amount of $________________ in accordancewith the executed Disbursement Authorization on file.It is understood that, in the event the Borrower(s) are dissatisfied in any way whatsoever with theremaining construction after completion by the General Contractor, their sole recourse is against theGeneral Contractor.Borrower(s) and General Contractor, jointly and severally, agree forever to fully protect, defend, andsave harmless Lender from and against any right, interest, claim, and each and every of them, ofBorrower(s) or General Contractor against the Lender, against all losses, costs, damages, and attorneyfees and expenses of every kind and nature which the Lender may suffer, expend, or incur under or byreason or in consequence of holding the remaining proceeds as provided herein."

I'm also trying to keep my eyes peeled for properties that require some rehab (kitchen/bath/flooring/etc).. not major projects.Details: -I have set aside $350k of expendable cash, and I'd like to leverage this. 

I would like to expend by utilizing investments in my projects and am wondering if sponsering syndications is the way to go and if so how to structure the offering.

Personally, I like the lower monthly payment with a 30 and then have extra expendable cash flow on top.  

Any amount expended or loss sustained by an owner or lessee on account of the demolition of any structure must be capitalized as part of the basis of the land on which the structure was located.

Investing is expending money to eventually achieve a profit.

"Investors" read a book and want everything provided to them and treat everyone as an expendable.