Brand new construction 2016 non rent controlled.If you have any more questions or want to know more about the turnkey off market multi's in that area, I know a few developers that work that area so can be of assistance.

Are there investors who will make longer term loans for owner occupied but sub-prime borrowers like my friend? 

Throw in syndications and private money and you can see the similarities.The reason I bring this up is because it seems like there is a very thin line between legal and illegal practices sometimes especially when it comes to borrowing money or raising money to invest.

And without the risk associated with borrowing for fixed assets on your own.There's no real downside to this equation as long as the DSTs are solid and your focus for growth is on the cash side. 

Your COC return depends on how much of that money your borrow.

If you're borrowing rehab dollars, then the hard money lender will typically hold those in their own account and distribute them to you as draws after work is done.

Profit $30,000 on $150,000 Total project The report shows " Total Personal Cash Invested " However since I am borrowing the money , my cash invested is only  approx 25% of Total Cash In , plus of course  holding costs , etc..  

This is Pretty New to me and i want to make sure i'm getting all i can back to Re-Invest .Thank You for Any Assistance.

You can borrow up to 75% of a non-owner occupied single family with Fannie/Freddie before six months using the purchase price, not the improved value.

Qualified Borrowers with decent credit and verifiable W-2 and/or Tax Return income can purchase a SFD, Townhome or Condo on the following program:Purchase loan at 95% LTV up to just under $851,000 with Closing Cost paid for cooperative, pre-approved borrowers.