But to your point, a current project I’m about to start, I can tell you I had to push back on ARR as the comps used by lenders were entirely outside of what I’m bringing to market.

Not to mention the economic development steps the town is taking in ensuring the growth of town (roads, schools, zoning) stays on par with the future expected population growth and new jobs that are going to be a result of the new factories opening.  

Start by deepening your understanding of CRE fundamentals, including net operating income (NOI), cap rates, and lease structures like triple net (NNN).

@Jay HinrichsI currently develop in NC.

Hello everyone, my name is Max. I’m here to connect with like-minded individuals, gain insights from others, and contribute value wherever I can in the real estate field. Excited to learn and grow together.

This fundamental slow in housing starts has caused household formation to outpace new homes (single and multifamily) by 2.3 million between 2012-2022 (Source).

They were referrals and the business started to grow simply because I had a competent team that was responsive and looked out for the owners' best interests.

Start by educating yourself with foundational books like The Millionaire Real Estate Investor and practicing deal analysis using tools like BiggerPockets calculators.

AIM: I am looking to start a syndicate. 

Question• Has anyone formed an llc to start and fund their 1st real estate purchase using a SBA loan?