One of my connections will fund the rehab for less and give it all to us on the upfront to finish the project at a lower cost.

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.

I am a current college student and gained interest in real estate as I am working on a project focused on finding ways to expand opportunities for real estate investors.

What’s your vision for your next property - do you see yourself leaning towards value-add projects, or are you focusing more on turnkey options?

Second, their website does not mention a single thing about COMPLETED projects.  

@Matthew Brown, I am not in this investment, but I would love to hear what drew you to it in the first place: how you heard of Fairway America, why you ultimately chose to invest with them and in this project?

I am also a project manager and a architectural designer for a real estate developer in NYC. 

An easy flip at 7-10% return might be more lucrative than a larger project that takes longer and more chances for cost over runs. 

Are there any strategies here to utilize bank funds for our project?

The land is on two tax lots so my plan is to sell the extra lot immediately after closing for a projected $275K.The property on the other lot will be a fix and flip with projected costs of $240K and an ARV of $750K.I plan to use a PML of 2 points and 12% APY for 70% of the total cost.