Multifamily projects often yield higher per-square-foot returns due to economies of scale and consistent demand for rental units in urban areas.

These are also the banks that are more commonly relationship lenders and will allow your originations to out pace your balance sheet if you are consistently able to execute on the projects they fund for you.

Hey @Keenan Patton,This deal looks solid with a projected $60K profit, $435K ARV, and a $13K assignment fee in Northern California.

Expect delays and unexpected expenses: No matter how straightforward the project seems, having a contingency fund for emergencies is essential.Your Team matters.

Project File is at link below. w overview of plot, creek and proposed house designs for the build.

all are new constructions and I don't know how she is gonna be able to find 750h of work to do in these new construction houses.Any help appreciated There should be 750 hours of work (that's ~15 hours weekly) on new construction projects + property management.

It gets complicated if you use a HELOC towards two separate projects as you would need to pro-rate the interest across the two projects.However, the answer would be yes, they would be deductible.

Who did you end up using for your project, if you don’t mind me asking?

I’m currently evaluating whether to go with a Fund Model instead of a traditional JV for an upcoming multifamily project, I will be working as a developer looking to do work with a more experienced developer on a larger scale multi-family opportunity.

Purchase price: $120,000 Cash invested: $370,000Completed a co-living new construction project in St.