Typically his projects have been privately funded and smaller than this one.

I'm definitely doing my research.  

I also think the Fed knows this, and may keep rates steady to prevent housing prices going up.

We have never partnered before and have been talking about this with our new partner for years.This is the deal:345K SFH100k from the partner, (68K DN Pymt, 32K rehab)He is only an investor in the equation but wants to be a partner not the bank.

I think this goes the other way as well.

Hey Al if you really want it to be local bank, got a guy named Jeff Goldstein of City National bank who can help you out with this.

This is a great way to start out for a million reasons.

This area is clearly growing and could possibly be a good opportunity.

Purchase price: $725,000 18-unit townhome new construction development What made you interested in investing in this type of deal?

I am doing a lot of reading and research here while working full time and while real estate investing seems like a daunting challenge I am looking forward to getting started.