I was ready to surrender because the actual numbers sucked compared to our projections.

This generated $2M+ in equity, and thus is highly lucrative, but takes 2-3 years.Note worthy: I am located in California, but I did this project in Canada.

However, as we delved deeper into the project, we realized that a complete remodel would be more beneficial.

If all in around $435k, wouldn't she need to leave money into this deal with a projected ARV at $500k?

A 20% down payment will allow you to have a positive cash flow, even using conservative projections and a property management company.

With the right renovations, we saw it as an ideal project to maximize returns in a growing market, especially with our experienced partner, Seth Choate, by our side.

Build a strong team, prioritize cash flow, and take the time to understand the local market and regulations, especially for development projects.

My vision is to bring together motivated people to support one another and potentially form an LLC for group projects as we grow.If this is something you might be interested in, I’d love to chat more and see how we can help each other on our journeys.

If you don’t have a large down payment saved up, don’t worry—there are plenty of options available . . .”A trusted lender will go over the various loan types with you, any down payment requirements on those, and down payment assistance programs you may qualify for.

Be patient with your husband, but you may have to take on the 1st, 2nd and 3rd projects on your own before you see any support from him.