Now the hard money lender is lending to a single purpose entity where one partner has experience in new builds and the other does not but it qualifies the entity.

If so, what was your experience?

Would love to hear from someone with experience, or if any direction on where to look for more info.  

And do you my experience in construction?

I have lots of ground up experience as an architect in NYC. 

I regret every property I sold 10 years ago (except the ones in the hood, that was a short term experiment I am glad I got out off).Your total net worth contribution is a lot higher than 0.6%, just the paydown of your loan is double digit ROI.

Quote from @John Mason: People who say JV is bad do  not know how to structure  it and manage it and the exit strategy..What are your experiences correctly structuring a JV?

It’s a very regional play - or appears to me.

. - Most 5+ unit lenders will want the borrower to provide documentable real estate related investment experience.

Here's the link --> "Justice for Renters Act" Happy to share my experiences.