Hopefully with a buy in with my equity.To develop the the whole lot I am estimating that the project would need ~$5m NZD ($3.6m USD) the land itself would be ~$1.4m NZD ($1m USD)Property 39b has been sold since my original post.

Think of it this way: if a hard money lender gives you a loan, takes their down payments, points, and monthly interest, they could care less if your project is a success of a flop.

I reside in California and focus on multi family projects for my investors out of state.

Flipper/property manager anlysisMy analysis

But if you are interested in a property it has a ton of stuff you can plug into it for an in depth analysis.

I just ran a property that I would love to buy if I can find the private money or possibly the hard money at the right rate and ran it through the BRRRR calc.All looks great except when I look at the financial projections section I see the following...50% Rule Cash Flow Estimates Pre-Refinance Total Monthly Income: $2,850 x50% for Expenses: $1,425 Monthly Payment/Interest Payment: $600 Total Monthly Cashflow using 50% Rule: $72 50% Rule Cash Flow Estimates Post-Refinance Total Monthly Income: $2,850x50% for Expenses: $1,425 Monthly Payment/Interest Payment: $556 Total Monthly Cashflow using 50% Rule: $869Am I missing something or should the total monthly cashflow Post refi be that high?  

I'm a little over half way done construction on a similar Austin project.  1850 SF, 1900 SF, and 850 SF SFRs  on what was a single lot that we split.  

Check out the group page to RSVP.I'm going to have lots of local investors present their unique investment strategies and we'll tour local projects. 

I am trying to learn as much as I can, but I don't want to get stuck with paralysis by analysis. 

The more I researched the project the more interested I became in investment real estate.