. - move IRAs to Annuities ( lots of options in this space some can earn 6-9% return without participating in market downturns) NOW you have 2 asset class working instead of 1 and its safer.- Refi your current mortgage maybe you can get 5.5-6% somewhere that will free up $200-$300 per month for you.  

If you borrow with the 401k participant loan function then there is no penalty, only a loan repayment requirement.

Joining local real estate associations and participating in online communities like BiggerPockets can help connect with a broader audience.

.- In order to arrive at a defined structure between you (the developer), the seller, and the debt lender, you need to determine the total amount of equity needed for each phase and structure the seller's ownership participation accordingly. - If the amount of equity required to do any phase cannot be met by using the total value of the land, an additional equity investor(s) will need to be brought into the deal to satisfy the developer's and lender's requirements.

I'm looking forward to participating and learning lots!

If I were in your shoes, I would focus on figuring out how to participate in your local market.

I am new to participating in forums and still in awe of the information sharing ability!

Does anyone have an actual (net after-tax) return breakdown from a multifamily syndication that they have participated in as a Limited Partner?

I'm planning to walk the property with an agent, appraiser and general contractor ahead of participating in the auction.

In some areas you can't to get contractors or certain materials.You are participating in the same market as your competition; including costs.