In these cases you're expected to provide an upfront deposit- 25% is normal with 50% 75% benchmarks before final payment.   

Having made every mistake in the book with our first few projects, we are now confident our system won't produce this kind of product again.We now source our own deals, build our own project scopes, and have thorough, automated due diligence benchmarks at all steps of the process to minimize risk and facilitate execution.

I love the smokies specifically because of the long history with short term rentals (no new regulations popping up suddenly), low taxes, and obviously high year round demand.What I don't understand is the complaints I hear of rising prices and having difficulty reaching the benchmark 20% CoC return.

My partners and I are on our fourth BRRR, we love the strategy and are not asking this because we intend to switch that strategy, but we did recently purchase and the price of it has gone up considerably.Would like to hear what others use as benchmarks to possibly sell.Purchase: 60kRehab: 25kARV at time of closing: 120kSale of serveral comp in last 30 days: 160-200kWould just love to hear your metrics and logic to learn.

Benchmarking some of the bigger syndication firms out there, most have gone the 506(c) route, which really makes me consider pulling the 506(c) trigger on an upcoming project.For those of you who have made the switch, or who haven't, what was your thought process?

It is possible that the market will stabilize at this higher benchmark for a while and then the bubble will burst.

But now, with plenty of future building activity in the pipeline and builders looking to boost inventory of homes (as well as meet consumer demand), it looks likely construction in 2021 will finally surpass the 1.5 million unit benchmark.

. :) You read all these benchmarks / rules of thumb from people all over and when you run the numbers in your area nothing is even close!

What am I measuring to benchmark how good of a deal a certain opportunity is?  

Just curious, if I were to make a loan adjustable in the future, would WSJ Prime be a good benchmark to tie it to?