My next projects will be flips for a while.

I think if you leverage 70% of it you’re going to seriously cut into your cash flow and personally if I was going to have $7M in debt I’d prefer it to be spread over several projects built slowly.

Not overpaying and getting great terms 3. multiple bids/ quotes 4. project management. 

Our investors profit greatly from us and we profit greatly by being able to take more than 2 projects at one time because we have the capital to take more. 

With the hotel we're currently doing or on any other projects he can create an IUL.

@Kristin Vegas what ROI do you project to obtain on the MFR?

You can also hold money for maintenance, capex, taxes, insurance, or other projected expenses.

If the pluming is working and there are no leaks in the roof then I don't replace them.

We've had clients that just call us with their next project and we can process the loan with very little from them. 

We built a single family home version of a 2 bed 1 bath with surface parking at cost with no profit all in with land for 175k in newark ohio, a suburb of columbus ohio. when we push that to 3 units and closer to the city for our build to rent model the numbers go way better. a 30k slab for a single family home is 30k, a 30k slab for a triplex is 10k a door. we designed a 2 bed 1 bath design at 668 sq ft and it's very good layout even I would live there, but I would never build anything that small again. there's no economies of scale. you need density and shared lines, resources, shared roof shared slab, shared windows, etc the cost goes way down.