I love the BP community and all the wonderful help and knowledge that is here!

We never graduated to 506C.I think the vast majority of syndicators start out with 506Bs, easier to raise from when you have little to no credibility. 

This article outlines the benefits of alternative financing to support struggling but fundamentally sound projects and discusses the current market conditions and trends in mezzanine and preferred equity investments.Market ContextIn July 2024, the distress rate for multifamily properties securitized with CMBS financing rose by 100 basis points to 8.4%, continuing a trend of increased distress across the sector.

Excited to be a part of this group!

Your lender will likely base the loan off just one income/credit though (at least that's how my lenders have done it)I would personally advise against it - life is a windy road and you never know when one of you may want out of the deal even if both have full intent to stay in from the onset.

I hired a contractor who was recommended to me from the agency who sold me the home. 

High likelihood of low maintenance for at least the first 5 years, depend on the build quality of the house.

Purchase price: $950,000 Cash invested: $1,050,000 We've syndicated the purchase of multiple single family homes, remodeled them and made them into "fun-houses".

This will be dependent on the bank.

Purchase price: $248,955 Cash invested: $90,389 Sale price: $387,500 This was a fix and flip project located in the vibrant city of Aurora, Colorado.