If you were only going to net 10k and the fees male you a lose then it was never a good deal.If you keep project costs less than 72.5% of the ARV then no lending can screw you. 

What’s the project or projects?  

Getting a construction loan without formal building experience is possible, but lenders often require a licensed builder or contractor to oversee the project.

Purchase price: $275,000 Cash invested: $300,000 Sale price: $1,300,000 Luxury build in the city of Bellaire, ongoing project.

Bathroom:Demo & Prep ($750):DIY toilet, vanity, and flooring removal.Professional plumber for plumbing adjustments.Toilet ($250):Standard, efficient model.Vanity & Sink ($900):A modest-sized vanity and sink combo.Flooring ($500):Wall Tile (Shower/Tub Area) ($1,000):Basic ceramic tile for the shower/tub surround.Shower/Bath Fixtures ($250):Update showerhead and faucet.Lighting & Paint ($250):DIY painting.Update light fixtures.Permits & Contingency ($3,000)Total rehab cost: $30,500Amount Needed: $30,500ROI: 45% of $30,500Investment Duration: 30days Profit: $13,725Total payout in 50days: $44,225EMD: The buyer has put down a 20% earnest money deposit based on the property’s ARV and they are all set to complete the purchase as soon as the rehab is done.To find out more about our Joint Venture projects, please visit our website: http://strandparkproperties.comWe're able to guarantee the return on investment (ROI) by finding buyers for the properties before listing them on our website for possible joint venture fix and flip.

I got a rehab loan for a flip from a friend for 9%, no draws, and got all the cash upfront to finish the project.

Investment Info:

Single-family residence buy & hold investment in Seminole.

Purchase price: $465,000

Cash invested: $80,000

Checkout my Airbnb here: airbnb.com/h/madeirabeachoasis

Salt Water Poo...

The whole project cost about $2000-$3,000.Since this project was simply replacing planter boxes and adding gravel to an already graveled area (I did change the layout)...

I invested as a sophisticated investor, although I have no professional accreditations.

So a majority of the ownership groups would want to sell, plus since they are more sophisticated owners usually would sell through a broker to get max price and not sell privately.