My property holding LLC would ideally own the land/houses and manage the rentals once completed.When they are complete, I will have about $375K in each build and they should appraise around $675k each.

@Tom HallAt 7% if you can I would pay it down as investing it net after tax gains may not get you the 7% you are paying - so it’s less riskDownside is you lose liquidity of that money as it’s tied in your propertyIf rates come down in future you can refinance and even take some of the cash out.Regarding your question are rates coming down, a lot of factors come into play but right now it does not appear there will be significant changes to rates over next 3-6 months.

I also live in California.

Does it need to be completed before end of the year to use it when I do taxes in April 2025? 

Things will pick back up again in January.

Thank you in advance! 

Network Network Network (On the fourms, 1:1 coffee/lunch with local investors, agents, lenders, and in-person at local real estate meetups) - Here is local meetups listed in BP:  https://www.biggerpockets.com/forums/521-real-estate-events-...1. 

Baseline says users receive the funds in “as little as 2 days”.  

In my main area, fair priced units usually last under 15 days on the market long.

By setting appropriate expectations, we can ensure a smooth and successful investment journey.When it comes to syndications, there are unique challenges in exiting or restructuring investments due to diverse investor expectations.