ROI do not take into account time value of money (selling the asset at year 8 instead of year 2 at the same price, your ROI is relatively similar, but your IRR is far from being the same).4- LEarn to analyze your portfolio: aggregate altogether all your assets and analyze if there's any project cash flow that would be required (balance of sale, loans, etc).

I currently have two houses being built for sale and we need the money from our property.

In either scenario you want to make sure you account for the "cost" of the money in your deal analysis so you account for your HELOC or mortgage payments.  

You will have to get the alderman on board (politics..) and then the neighbors about hours and parking..It's a cool project, it feels like you make an impact on the community, but I would only do that if I had too much money, nothing to do with my time and looking for a proper challenge.

Investment Info:Small multi-family (2-4 units) private money loan investment.

My suggestion for your situation is to work hard and save up as much money as you can for a down payment.

Even if you lose money on the issue/deal, hopefully the investor makes note and uses you again.

Morning everyone,I just finished Brandon Turner's book, "The book on investing in real estate with no (and low) money down. 

Everyone sold and most for retail money, so don't expect bargains or flipping profits. 

Perhaps you can do low money down and live closer to where you are now?