At Wells talk to the business development officer.A local credit union offered me a commercial credit line on an LLC.

A Surge in SupplyCharlotte’s rental market saw a notable influx of new units in late 2024, with several large developments hitting the market simultaneously.

In most of Raleigh city limits specifically, the lack of room to build new construction developments has stirred the folks in zoning.

Definitely focusing on offmarket or even on market multifamily homes (minimum 4 units). started off in real estate development last 2 years but the paydays are brutal building then waiting to sell.So now looking to switch up strategies to purchase cashflowing properties and then get back to ground up construction or even possible fix and flips. 

Any investor or developer buy raw land lot (zoning code G) and go through the process with the city to convert to commercial use?

U have to find developments that are purpose built for investors..

If there is no obvious reason, we know the staff still sometimes can develop a superstition around that unit. 

I am a 23 year old who recently graduated from college with a business degree focusing on real estate finance and development.

Not sure if hard money would be the correct route to go for this one or notHey @Scott Allen I generally run the initial underwriting to minimize the developer's equity (@Shayan Sameer) based on the max LTV % or LTARV % that the handful of HMLs that quote me on my deals.

There aren’t many residential development companies operating at this level, which reduces competition and risk.