A lot of the projects that are going on here aren't finished yet and new projects and developments are popping up all the time.

I recommend you add a little more detail to this post.. what kind of property etc etc.I have done probably more than 12 to 15 deals in south side all 2 to 4 flats.. at first they all sold to investors the last 3 or 4 sold to owner occ. 

They build and invest to help improve the area, bring in better tenant pool, improve the economy and hopefully at the end of the day make a profit on the hard work, time, and money spent on that new development.  

Hello all,We are looking to apply for our first loan and they’re wondering if it is best to go with a private lender or a bigger bank.

There tend to be two big issues with 100/100 lenders that I have seen, the first is working with/being a borrower that is okay with the heavier lift that these types of lenders require.

Time to raise rents. 

It didn't make as much sense to refinance it at this time.  

If you prefer to have the MMLLC involved from the start, consider a "drop and swap" strategy, where the property is moved into an LLC before the exchange, though this requires careful timing.

He's been doing it successfully for about 12 years, six houses, and he makes a tidy profit each time.

@Steve FordHow about pick of the phone and first have a conversation with them?