The information shared is based on my experience and industry knowledge and should not be considered legal, financial, or investment advice.

I would recommend talking to many lenders/brokers to see which one has the most experience funding these loan types. 

My experience was mostly doing SFH/Duplex/Triplex etc. and had experience in larger multifam. 

But my experience over the last 10 years of building new homes is that NOTHING comes down might stay the same but will rise almost annually Like Cement always goes up in Jan. 

Has anyone else had similar experiences with BTRs?

GC's get paid off of the work, not a flat rate... but in your experience, would you say that window of rate is generally 10%-20% project depending, or more towards 15%-30%?

Anyone have experience with using Eclipse Capitol Group from Michigan?

It is cheaper, in general, to sub out like you say but if you have no experience sequencing the work and talking to subs you may be scarring them off.

Hi David,I’m just entering the flex space development space and recently joined a mentorship program to deepen my knowledge (I do have experience in commercial MF).

Make sure that that person has a lot of experience, and make sure that there is at least 20% - 25% equity over and above the amount that you have lent and in your agreement it states that they can have no other liens or loans on top of yours.