He is with Broderick Builders and handles the rehab work on our projects.

It might be helpful to create detailed financial projections for each scenario to assess the potential return on investment and cash flow.

Without much effort, I've verbally raised quite a bit of money to fund some more projects.With more people getting involved, I am wondering the precautions and things I should be doing to make this more legitimate and be able to potentially present this to larger investors down the road for bigger project in the future.

Many packages show down to NOI and then LP projected distributions.  

As long as you have those and other basic construction requirements they can be rented out.

It is closer to new construction than to a basic rehab project. 

Here are some questions I have:1) Is it better to refinance or to have hard money/private lenders put a 2nd lien on the property to serve as a down payment to be able to borrow 100% of my next project?

So basically I have to take care of chimney and plumbing which is total will be like 8k maximum so the total.

Invested into commercial multifamily projects, you can double within 3 years.

However, it's a crucial skill to develop for successful BRRR (Buy, Rehab, Rent, Refinance) projects.