Originally posted by @Joseph Binkowski:Hey BP Community -I was sitting-in on an investor presentation for a syndication of an attractive 320-unit Class B MF development in a fast-growing market, and then I realized... it was a 506c project for accredited investors only [which I am not.. yet:)]So then I began thinking...How can I possibly get involved?

Curious to know opinions from real estate agents, flippers, developers and anyone in the know regarding what home buyers generally would prefer.

Not sure if you’d get people with developer in their profile by editing filters.

I do ground-up urban infill multifamily development and we are effectively at standstill as far as new projects go.  

I am considering working with a property developer in NJ to buy land, build a duplex/triplex and sell it (6-9 month time horizon).  

South grays ferry, sure, definitely not the same but the ones that are right across the street from GradHo especially considering OCF's new massive development that is replacing the chocolate factory definitely have higher values. 

The model opens a pool of possibilities for owners who are prepared to hold and manage the property long-term.

I never made more than $100k in a year working until my last year of employment, and still managed to retire at 50 with a lifetime pension from a combination of military and public service.

Thats a lot of work that a company would have to do and they would want their money back on the development costs.

We talked about an aggressive paydown at a rate of $5k for the next 6 months to make the deal sweeter for the next person, but renting it would be preferable to that I believe since I can get a higher return on smaller development projects at a burn rate like that.