It is in a 350k neighborhood, we are closing to wrapping up the rehab project (finger crossed).

I’ve also detailed how I do BRRRR projects in KC if you look though my old posts.

See below for pro-forma returns300,000 12 lots average sales price of 25,000-175,000 payoff of principle125,000 after principle payoff-10,000 Less expenses115,000 Balance of net proceeds57,500 net proceeds (lot sales)split 50/5017,500 175,000 @10% for 12 months75,000 projected Investor proceedsThis is an estimated cash on cash return is 43% Where would you begin in evaluating this deal?

Start with small projects.

So, construction costs will be manageable, and we can oversee the project.

They lend based on the project financials.They can provide you with a letter about proof of funds for the specific project.

Should I update projections because two new lease exceeded our baseline?

@Joe VilleneuveTransunion soft-pull and your income (both current and projected)

I want to finance the project one step at a time with my salary so I do not have to take on a loan to get it up and running.

We have 10 projects going now and buying 3 more.