All Forum Posts by: Jacob Lunger

So I’m not a complete newbie when it comes to flipping — my brother-in-law’s been doing it for years, and I’ve been involved in several of his projects. I’ve helped manage budgets, materials, timelines — pretty much every part of the process. This will be my first flip under my own name, and I’m excited to make it happen.

I’ve got a great deal lined up in Miami, FL, in a strong neighborhood with solid comps and demand.

Here are the numbers:

Purchase Price: $699k

Rehab Estimate: $150K

ARV: $1.1M–$1.25M (conservative)

Comps:

House 3 blocks away (1,888 sqft) sold for $1.25M

Another ~2 blocks out (1,752 sqft) sold for $1.19M

One about 3 blocks away (1,314 sqft) sold for $1.1M

Mine is 2,032 sqft — larger than all of them.

My question is: Can I realistically get this funded? I’m already speaking with the seller, and the deal is very much in motion. Just wondering if lenders (or even capital partners) would consider working with a first-timer when the numbers are this strong.

Appreciate any honest feedback or direction.

yes

Off-Market Opportunity – 47 Acres in Florida | Approved for 470 Units | $20M

Presenting a rare off-market opportunity in Florida: 47 acres of shovel-ready land with full entitlements and approvals in place.

Key Highlights:

• Fully zoned and approved for 470 residential units

• Environmental and concept plans completed

• Shovel-ready – construction can begin immediately

• Strong cash-on-cash return

• Great comps
  

• Prime location for growth – ideal for experienced investors or developers

Asking Price: $20,000,000
Serious inquiries only. DM for details or to discuss further.

 I hear you—100% financing is definitely rare. But I truly believe in the numbers and the potential of this project.

The land is currently under LOI, and no, I’m not injecting personal capital at this point. My goal is to structure the deal through private lending because I believe the deal stands on its own merits.

To answer your questions:

• Development Experience: I’m working with a team that includes advisors and professionals experienced in large-scale residential development in Florida and beyond. We’ve got the right people in place.

• Land Ownership: I haven't closed on the land yet—it's under LOI. We're negotiating terms that may include seller concessions (like splitting utility extension costs).

• Capital Contribution: I haven’t injected capital into the land purchase, but I’ve personally funded all the pre-development—environmental studies, full survey, concept planning, and we’re currently obtaining GC bids.

• Entitlements: The site is already zoned and approved for up to 470 units, plus 1 acre of commercial. We're aiming for ~400 units to allow for green space and good design.

I know 100% financing is outside the norm, but I’ve seen it work when the fundamentals are strong and the structure makes sense.

I’m putting together a ground-up 400-unit development in Florida — 47 acres + some commercial space. I’m looking for experienced real estate investors, developers, or agents to come on as advisors.

I’m looking for people with real experience — past projects, capital raised, or anything that shows you’ve been in the game. You’ll be listed as an advisor on the pitch deck to investors, and I’ll run some stuff by you here and there. I feel like need to add some advisors to the pitch deck just to close the deal with the investors and get the funding. The deal has strong numbers — it’s just my inexperience doing a deal at this level that might turn them off.

Low time commitment. Solid one-time fee paid when we close funding.

If you’re interested and can back it up — or know someone who fits — I’d really appreciate the intro.

I’m reaching out with a shovel-ready opportunity in the fast-growing San Antonio, FL market—just 30 minutes from Tampa.

We’re developing a fully entitled 47-acre site approved for up to 470 residential units. Our current plan includes ~400 units (mix of townhomes and 3-story multifamily) and 1 acre of commercial space ideal for a Starbucks or similar tenant serving the community.

We're currently seeking 100% financing—either through equity, debt, or a structured JV. All zoning is approved, concept plans are in place, and we're collecting GC bids now.

If this aligns with your investment criteria, I’d love to share more.