As you connect with sponsors that resonate with you, take the time to develop a relationship with them.

Lucie)Goal: An “easy” acquisition (or a few) with the priority being stable long-term cash flowTarget Cap Rate: 7% or higherLoans: Target LTV of ~65% (this is flexible) This team is looking for stable, reliable investments where they can park their cash for 10+ years without worrying too much about managing or developing the property.

Something that can be developed, such as software, tools, processes, etc.Thanks for the thought!

Would be awesome to provide a solution for compensation as a result of this project.A Systems Engineer typically designs, improves, and manages systems, which are then followed to develop something (end product) which is then used by customers.

@Sasidhara ManthenaCongratulations on getting started and even mores so developing a specific strategy.

In the long run, I aim to become a broker and delve into development, but for now, baby steps :PHappy to be here, to learn, and connect with the community!

I heard we can buy from developers or builders directly.Not sure whom to contact.Appreciate if you can share some insights on how to proceed, whom to contact ,where to look for ?

We have had a crack in the stucco patched up in 2016, then major exterior work done in 2019 to our house (and our whole development due improperly installed windows, no drainage, rotting wood/stucco damage - builder fortunately paid after getting lawyers involved).

We took that money out in a HELOC to complete our first flip, to a development, to 9 unit buy and hold and now have grown to 25 units in the matter of a few years.

I’m in commercial construction, and new construction has it’s risks, especially if you’re acting as the developer in the deal.