Hey Team, quick questions for you all.

Partnerships with people you don't fully know can get messy pretty quickly so in your scenario I would go to a local bank and get a construction loan.

Your experience with multi-units and property management shines through, and your advice has guided us to concentrate on mastering one specific market before expanding.

The Unofficial Guide to Real Estate Investing by Spencer Strauss4.

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best!

That will quickly eat a decade of cash flow or more.Most of what I have bought in recent years barely breakes even, but they are in great condition and very good locations.

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best!

If you told him you have been playing pickup games for the past year and need help improving your jump shot, now he has evidence you're motivated and a specific goal he can quickly help you work towards.

I don't mind hopping on a quick call to compare selling vs what you could get out if you decided to refinance and pull some of your cash out of the project.

So I sold it and personally hold the note while quick claiming the deed.