So for the investors I work with, we look at New Construction In vestment property.  

@Kyle Atans  or PHX when building stopped dead cold and they deported half the construction workers who happened to be 80% of the tenant base.. same with central CA building stopped  no deportation though :)I just bought in Vegas for semi retirement and tax purposes I kind of like were it sits now.. but no question your timing of that market was impeccable.. !!! 

.$75-84k for construction$15k electrical$27k electrical$12.5k plumbing$33k plumbing$19k mini splits What am I doing wrong? 

I received my desired density and $1.3M in imputed equity that recently allowed me to finance the construction at 87% LTC through a bank.

One way to do this is to work with builders to move their inventory of New Construction Investment property.

How do you PAY back your contractor, did you take out a construction loan and repay them once the property sells or you refi?

Quote from @Brendan Duggan: Good afternoon,I started to lend out my own capital back in January 2024 and have originated 14 short term loans on new construction sf homes.

I have a in depth background in construction and tend to understand what quantifies as a major issue more then most. 

So I think the operative wird is balance.Note - Most of my career in Construction was spent working for exremely wealthy people that you speak of. ($12 mm dollar houses and all that....)

Since you will be the guarantor for the construction loan, the lender will expect you to have ownership interest in the real estate.