Many syndicators, including myself, base their projections on a five-year term.

Purchase price: $430,000 Cash invested: $85,000I bought the property partially renovated on the interior, then proceeded to do updates to increase value.

Here are some initial important questions, in addition and in line with what my guy @Andrew Freed said:1.

@Anthony ZottoI don't think either will have a big impact on multifamily, unless they drop rates and stimulate demand.

I agree - it's a smart way to get into real estate—especially if you want to save on living costs and start building wealth.

That to me is the simplest deal structure and the least "risk to you" as you aren't waiting for the final home to complete to be paid, as I understand it most construction loans close on the "dirt" up front....although like everything in real estate its infinitely negotiable and changeable.  

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

Do not rely on it for legal advice.

Here's the bottom line- I know that there are opportunities that do not involve fix and flip that you may be able to bring to an investor who will then decide to invest with you based on the numbers.  

  😉   Depending on the difficulty and expense, I was hoping to put that property under one of my other llc's.