Partnerships can be awesome cause they allow you to do bigger projects and more projects but keep in mind that while you might get 50% of the massive profits your also carrying 50% of the risk and debt that it takes to go after the bigger payouts.

I shouldn't be posting because you asked "for feedback from active investors",  and I am on the sidelines with non-residential projects at the moment.

Better to use that option at the beginning of the project vs refi'ing into one but it is an option. 

There also no income tax, reasonable property tax, and I also have a very bullish outlook on the Jax market due to the new development projects currently underway and the planned Shad Khan shipyard/entertainment district. 

Post # 6 on my duplex construction project.

@Bill Labrecque and I recently purchased a 3-family in New Britain, Connecticut as a flip project.

I have looked at some notes on that site and you can tell there are some pretty sophisticated sellers selling to some really unsophisticated buyers.

Those groups should focus their attention on streamlining new development projects & spending their time/money there instead.

Dont waste your time running around taking pictures and doing estimates and projections.

First time MF investor.  18 units, (6 duplex 2 tri), $810k purchase price, $120k cash down payment, cashflow after all expense and reserve and project note payment is $1600 per month.Bank to finance $690k.