This needs to be closed by end of the week. 

It is 58% complete and just passed the end of the build contract last week (24 months). 

What do you plan on doing with the puppies (once they are old enough to rehome-ie 6-8 weeks old)? 

Six of them just launched this year, so I wasn't expecting distributions anyways.These syndications have change life. 

this deal seems like a lot of risk and I am interested to seeing how it turned out.The tenants were a few weeks away from the foreclosure auction.

Long story, it's coming out in a book this week. 

I think that will change in six-12 months when the apartment building boom slows significantly. 

If you purchase a rent ready RE investment this could be 0%, but at the opposite extreme a good brrrr can produce the now elusive infinite return (I have achieved this on most of my RE investments but believe it is very challenging in the current market to bp not be cash negative after the refi to extract the added value.I expect to make an offer this week.  

LOL I did this last week for 8 LLCs :/

Once they signed a deal-specific agreement, the agent found an off-market duplex within weeks that hit all their criterai.. below market, good cash flow, and minimal rehab.Off-Market vs.