Just some background on myself, I'm currently a welder but have experience in other fields such as auto mechanics, computer hardware and software, Paint and body.

Because of that, they typically require at least 20% down, and it can be higher.If you are looking at a pre-construction property (which there are many of these days), then the deposit is usually due in stages with the final payment coming when the project is completed.There are advantages to getting in on the preconstruction phase, and that is usually when you will get a best price compared to completion, however, you really need to make sure you do your research on the developer and property to make sure they have the resources and track history to complete and manage the project.A contact with Starwood Development recently told me know that they have a number of projects under way right now in North America including Seattle, Scottsdale and Wailea to name a few.

Just to verify, though, it's my understanding that the group of investors you have developed relationships with already have established access to their own cash or financing.

I work with a real estate development company.

We have done several single fam deals as well as a small development.

I have developed my mind in many ways from this.

I told my buds that one was a big hitter for (large, Houston based computer company) and the other was a software designer for (big, Houston based software company) and while both had excellent taste in homes and cars neither knew jack about handling money.My buddy said; "well, you may be a slumlord, but at least your slums are on golf courses".

My big dream/goal is to get into real estate development.

The software that I use for Blogging is a stripped down version of Wordpress that I get with my real estate website.

The software produces an analysis of a deal and presents it in a way that is attractive.