@Greg SeivertMost lenders that work with real estate investors understand that you may show a paper loss and they won't hold it against you.

Here are some key red flags to watch for:🔴 Lack of experience: A borrower without a proven track record in real estate projects may struggle to navigate unexpected challenges.🔴 Overly optimistic projections: Unrealistic ARV (after-repair value) or underestimated rehab costs can signal poor planning—or worse, a lack of transparency.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.

If you are financing, even higher.  

Quote from @Kaven Li: Quote from @Adam Bartomeo: You are funny!

I'd be happy to update you on some areas that I think would be promising for you.

@Tiffany Da SilvaFlips and rentals are taxed differently by the IRS.

Tenants are divorsing and leaving the property and we are now ready to return the deposit. 

Quote from @Account Closed: Hey guys,I have no experience but after looking at all my options I have come to a conclusion that my best move is to buy land and develop multi-family apartment building (15-20 unit) 2 story somewhere between Miami Jupiter.Budget for everything 3MDone with cash + 6% line of creditLooking for long term holdI would love to hear any insight on what areas I should look at, ballpark of build price (hard costs and soft costs) and would love to network with anyone in the area on this.ThanksIf you're looking to develop a 15-20 unit multifamily building with a $3M budget between Miami and Jupiter, there are a few key things to consider:Land Budget: Aim to keep land costs around 10% of your total budget.

The reality of real estate investing is that you only need two tools.  1- a Blue Pen2- a Note Pad.  

What you should expect is what area you choose to buy in, having to deal with the issues that come with that class of property.