@Ravi KaruturiRavi, a Project with a $10M “all in” cost will typically support a 70%-80% loan to cost (LTC).This means that you can borrow $7M-$8M which means that you will have to invest an equity infusion of $3M-$2M.More fundamentally, if you are asking a question like this, your priorities need adjusting.Raising capital from whomever, and especially from friends and family must come after you have acquired and can demonstrate the skills necessary to build a $10M ground up development.I believe that if you pursue a plan to raise the equity required that you will find it very difficult to secure bank debt without a track record and or the skills noted above.Feel free to reach out to me if you want to talk.

Feel free to reach out if you have any questions!

If I reach 100 hours and more then anyone else for the property.1.

Look at their marketing strategy.

Why I reached out. 

Is it better to constantly reach out to motivated seller leads or have motivated sellers reaching out to me?

Strategies that worked for you, things you would've done differently, or anything else you'd be happy to share.Thanks!

I believe the most cost effective strategy would be to get a private loan from someone to purchase with cash.

In addition, once you get a viable plan in place, you may consider running the strategy by an actual tax attorney rather than a CPA.

Look at their marketing strategy.