The only way this COULD work would be using a credit card that did not accumulate interest for a grace period...30 days or so and paid it off monthly.  

Faced with the same problem I had to begin with, credit scores aren't great and don't have a qualifying cosigner for any type of traditional loan, mortgage or any type of equity refinance or HELOC, right now at this moment.

Assuming this is in fact a good deal, and your friend is a qualified GC, instead of trying to be the lead investor, he should be searching for someone who has the balance sheet to take down this deal on their and be a transactional participant.

These tax credits unlocked capital which was deployed to purchase and rehab commercial real estate in struggling downtown areas or help fund small businesses in these qualified zones.

Because, if you are a “regular” person meaning don’t make 5M a year W2 / legit bussiness which shows on tax returns, you can’t qualify for 20M loanAlso it mean, that people who buy 20M condo, chances are they have 100M-200M cash sitting and not doing anything.Return of equity is 0, as it also the cash sitting in a bank.Debt is cheap now days: 4-5%, but if you have “unlimited cash”, then not need to pay 4-5%As far as max cash flow and minimum risk - it’s something a lot of members discussed already.And last but not least - let’s not go off topic.

If they're not willing to get on the phone with you and talk to you and talk business but also let you in on who they as a person then they a probably not worth a damn.I talk to people all day long, only 10% are qualified to get started tomorrow. 

@Stuart UdisTheir reg an offering for that was never qualified and sec just issued a staff action order abandoning it.https://www.sec.gov/Archives/edgar/data/1975076/999999999724004094/filename1.pdf

Start with a rental that has modest rehab requirements such as updating kitchens and bathrooms and make sure you qualify for permanent financing through a lending source that offers interest rates similar to that of  a bank.

Be prepared for trial runs with several different candidates if you choose to hire a handyman to make sure they turn out to be qualified and dependable.

.• Reporting companies that qualify for disaster relief may have extended deadlines that fall beyond January 13, 2025.