The interest on the remaining $30,000 would be assessed as the borrower uses holdback funds from the rehab budget.

BP, I’m trying to understand the Providence, RI market, specifically focusing on the supply and demand drivers of the multifamily market.

Hey,If your budget is 150K max and you are looking to buy in Ontario here are some markets to consider:North bay, Sudbury, Cornwall, Windsor.If you need help connecting with realtors, property managers etc in these cities feel free to reach out.

I design affordable custom websites for small businesses, my designs specifically focus on getting the highest Google PageSpeed scores possible (example) which boosts their ability to rank in search engines and making sure their site includes at least 2 content silo pages that rank for specific keywords (ie "sell my house in Atlanta, GA"). 

Flexibility: 1031 Exchanges offer investors flexibility in selecting replacement properties, allowing them to tailor their investment strategy to their specific goals and preferences.

In my town, "group home" has a very specific definition. 

Examples - owner occupied loans for house hackers, specific market knowledge (ie - friend of mine that ice fishes and bought a short term rental cabin in an ice fishing spot that you and I would never know of), ability to do renovation on your own or cheap, contacts with local companies or organizations that would be a tenant source for mid term rentals, ways to source off market deals, etc.Whatever it is, figure that out and get started.

.* understand current market rents for the type of tenant and construction you are considering, and at your specific location.* understand delivery timelines, TI schedules, and general construction process/permitting for you and the end users.* have identified the most likely tenants for the development in question, and understand the building criteria each have for spaces.If you haven't answered "Yes" to each of the above, I would recommend pausing until you have the above nailed down.

I would love any pointers or specific advice from anyone who has experience in the industry! 

Hello @Jesse Rodriguez, it's difficult to give more specific advice without more specific details.