If you are to develop equity quickly I would advise to flip houses and new allotments in the 1031 exchange programs allow you to access bridge loans to source properties while you are bound with your initial investment as long as your equity from your first transaction is already allocated through your QI 1031 exchange.

Good Afternoon Ramon,Do you consider development projects?

I am a furniture designer from Milan (Italy), currently living and working in New York.I love very much to travel, develop my projects and live my life at 360, and I have been looking for a while for a way to become financially free and to make more money out of my time.I was happy to find Bigger Pockets in my search.I will start learning from the basics of real estate investing, working hard and hopfully having some fun, I look forward to explore the forum and to know many of you. 

excuse my ignorance Thelma, but what is SFR And also I would love to get in developing properties with mixed income levels.

Hey Folks,We've all seen many investors cashing in on infill/development projects as well as landlording on appreciation speculation in Music City.

Another time, the town lunatic targeted me because I called myself a real estate investor on BP (I'm on the local planning board, but am not a developer).  

These neighborhoods are very actively developing high end condos to attract the New York buyers who have been priced out of their city. 

And it did using cheap properties purchased at auction.Fast forward the clock, now at 73 years old, I stopped counting the net-worth thing, too busy doing deals developing commercial properties and helping others as apprentices to do deals.

I have ideas on the development and construction, but lack creativity/knowledge on the deal structure.  

Apply For Grants Some towns offer transitional and developing neighborhood homes at very steep discounts.