I've also obtained a blanket loan commitment for $500K, which adds to my excitement and nerves, as I know these deals can move quickly.

Morgan Properties committed $500 million while Clear Investment Group deployed $300 million, recognizing the region's demographic stability, job growth, and constrained supply.

I did an initial search on Redfin, and it seems like most residential multifamily listings in LA that have any chance of penciling out would fall into class C real estate and come with existing tenants.

Stocks are complete BS, and in my opinion are institutionalized fraud committed against the American people.

@John Lewis sounds like you need to get a commitment from the builders, put the land under an option contract, and then assign the contract to the builders.

No Retrofitting: Existing systems cannot be retrofitted to use the new refrigerants.

The basic formula they use is:Property Value × 80% – Existing Mortgage = Potential HELOC Limit.If that number is under $25K, it’s usually not worth their time.

That stuff adds up fast in both time and money, so it’s smart to get a contractor and architect who know multifamily and can do a walk-through with you before you commit.

Property management, maintenance, and leasing are all built into the ecosystem.Since you're both new but committed, connecting with the right team early; investor-friendly agents, transparent property managers, and solid local contacts, will make the learning curve much easier.

I don’t have a track record yet — just real hustle, a clear plan, and the commitment to do this right.I’m looking to connect with private lenders who are open to working with new investors.