I partnered with family but I'm managing all the contractors, buy some materials, and DIY projects where I can.We're not using any HM. 

Hence, the sponsor kept telling the investors that he would not issue a K-1 for each of those years because (you guessed it) there was no income.In the spring of 2024 the project was foreclosed because the sponsor fell short of funds (cost overruns) and could not get a stop-gap financing.

welcome to BiggerPockets Your rendering skills sound incredible, and being able to show investors the full potential of a property is such a game changer for fix & flip projects.

However for every luxury project, I estimate I will create 3 budget design-forward ones which I already have 5 of these under my belt.I do like your attitude but I would seriously question the feasibility and long term success of this project.

I just started my Real Estate journey not too long ago as a licensed RE agent and am looking to help investors/buyers shop for their next DFW project! 

I don’t think I am ready to undertake a project this big as a novice in house flipping.

Do you focus on smaller neighborhood commercial properties under $2M, or do you only chase larger projects with institutional financing?

Purchase price: $223,000 Cash invested: $15,000 tri-plex with 2 car garage, small fenced back yard, every project aside from new sewer line has been done by myself.

A HELOC can fund your projects, but make sure every number is lined up before starting.

Projects under construction now represent just 3.8% of total inventory, down sharply from over 7% in 2023.