We have our agent and lawyer selected but are between two different lenders.

My problem is a lack of deal flow.I reached out to private lenders in my community.

Given that you're just starting to learn, I would highly recommend talking to lenders and real estate agents in your area.

Always work with lenders for pre-approvals and don't lose hope even after analyzing deals on the daily with no results.

Is your $1.5 M valuation based on comparable condition properties or does it reflect a fully renovated home?

Greetings,This is likely a silly question, but are hard money lenders ever willing to fund 100% of a down payment on a large purchase (20+ units) after viewing the deal (rent rolls, etc)?

lower the size of your unit and therefore your build cost per unit, your sale price will go down but focus on density and get familiar with zoning and what your city will approve. my best suggestion is to do it in downtown districts where there is unlimited height and unlimited floor area and you can build every square inch of the property and reduce parking because of proximity to transit. property values are higher, rents are higher in downtown markets, there are just too many economies of scale compared to suburban deals.

I’m Tony, currently chasing my goals as a transactional lender.

Here is a summary of the book.https://www.nateliason.com/notes/long-distance-real-estate-investing-david-greeneThe book also mentions the importance of having a rockstar Realtor, contractor, lender, and property manager.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?