I ask these questions, because I have been asked to get involved in a large project in the area for marketing and sales.

For some of my bigger projects I'll trudge through the calls and empty promises of out of state investors, but for my single family and smaller multi-dwelling wholesale deals its just not worth the hassle for me.

As far as money for a second project, if it is truly a deal you can find the money.

Starting out, I would avoid high risk projects.

Also the other one is "Making Big Money in Real Estate Without Tenants, Banks or Rehab Projects" - Saw it for $2.49 on Amazon.com used.

I already have a construction firm that can do this project, I also have a property management company that I will hire for the lease up.

It was amazing to see how much they fluffed the project for the show.

My question will help an investor client of mine interested in purchasing 18 builder closeout units in a project and would like to lease/option them.He was willing to give 80% of their rent toward the equity, and price the property at current appraised value, with 8% increase per year for the 3 year term.With the mortgage mess, this may help sideline buyers get into a property.Any thoughts on where to find these hard to finance people?

Wouldn't a HML for the entire project (purchase, rehab, payment deferment) accomplish what you're trying to do?

we've pretty much decided that this is what we want we want to do as we near our retirement years (don't want to rely on good old uncle sam). anyway, we are currently rehabbing our third prop. and have a little ways to go as we do most (90%) of the work ourselves. our plan is to refi once the project is completed and thus get some of our money back so that we can re-invest in other properties.