It’s almost done now and I’m leaning toward just getting a Loc on the property instead of a cash out finance loan with the way rates are going and if they drop back into the fours refi-ng.

As I'm finder Ng out, development education is hard to come by, even here in BP.

Hey @Shulammite Ng!

I hope you have clear, divided roles and responsibilities for each person along with a governance process to mange disagreements.

@Chris Ng what part of it makes it cost a lot more is it the funding part ?

@Yvonne Ng Funny you should ask.

I have allocated 0% for management fee for now (I’ll mange myself on the first one) and 8% maint and 0% for CapEx as I was planing to get home owners insurance.

Ideally trying to stay away from conventional lending since they require the GC to manage the entire project and GC's in the area are incompetent. 40 homes under my belt in another state that doesnt require GC and I have a GC that will manage some of the project under our platform to use their license, quality control, but not to mange subs/payments.Id prefer to pay for details out of pocket and get reimbursed at milestones from the HML. 

Hi @Chris Ng, Yes, there are a number of ways to acquire and/or sell multiple properties through a Reverse 1031 Exchange

@Chris Ng you can sell quickly with tenants in place but typically with single unit properties, I.e.