Just remember ground up type project deals can sometimes have the fattest projections but also the most variables and risk.

Hi All,I'm in a position where I am Mid-Construction on a new home build and need financing to complete the project. I have a land loan that is 1 mortgage for 2 lots of land and am having trouble with lenders because ...

I tend to want to tweak anything handed me to me anyway, so I plan on building from the ground up.Only you know what you're willing to do/give up. 

Purchase price: $100,000 Cash invested: $100,000 Sale price: $646,000 Built this from the ground up.

With engineering set to complete in Q1 2025, we anticipate breaking ground on the lot development shortly thereafter, aiming to start providing homes by Q1 2026.

@Eric StugartI would first select a market, and then find boots on the ground.

Fix and flipping is definitely the next big step, and it sounds like you’re ready to hit the ground running.

I have sold many of these to CA investors looking for positive cashflow yield+strong rent growth/tenant quality.You also can cashflow in lower class areas but really need boots on the ground to make those work, not recommended if out of state.

Maybe focus on short-term rental conversions, given your background, or offer specialized services for out-of-state investors looking for a “boots-on-the-ground” partner.

They are boots on the ground and know what's going on.