Multifamily projects often yield higher per-square-foot returns due to economies of scale and consistent demand for rental units in urban areas.

These are also the banks that are more commonly relationship lenders and will allow your originations to out pace your balance sheet if you are consistently able to execute on the projects they fund for you.

all are new constructions and I don't know how she is gonna be able to find 750h of work to do in these new construction houses.Any help appreciated There should be 750 hours of work (that's ~15 hours weekly) on new construction projects + property management.

Hey @Keenan Patton,This deal looks solid with a projected $60K profit, $435K ARV, and a $13K assignment fee in Northern California.

Project File is at link below. w overview of plot, creek and proposed house designs for the build.

It gets complicated if you use a HELOC towards two separate projects as you would need to pro-rate the interest across the two projects.However, the answer would be yes, they would be deductible.

But don't think it will take everyone 3 months though.If you do it right it could take you sooner:If you are in a super tough market, it could take you longer.Depends on many things

Any property that has a claim will be tough to get through escrow.  

Who did you end up using for your project, if you don’t mind me asking?

Purchase price: $120,000 Cash invested: $370,000Completed a co-living new construction project in St.