Like Nicholas stated, you will need free capital when things don't go as planned,I will need to bring funds ($70k+ in this instance) to the table to get myself out of the initial hard money loan.

After a few phone interviews, plan a market visit to meet them in person.

We would want to run multiple scenarios to compare your options so you can plan accordingly.I'm with a brokerage and can shop lenders for you and all the different products that would fit your current financials. 

However, he doesn’t have the funds available right now to move forward with construction.I’m trying to help him come up with a plan and have outlined a few options for him to consider.

With good planning, a clear agreement, and realistic numbers, this first flip could become the blueprint for a great investing career.

Anybody done any engineering on a planned community/subdivision.And as part of that ask, has anybody looked into one of these Crystal Lagoons? 

It’s funny — we spend so much time hunting for deals, analyzing cap rates, and negotiating offers…but the part that actually determines how much wealth we keep often gets ignored.I’m talking about the business side of investing — how you manage your numbers, track your expenses, and plan for taxes before tax season hits.I’ve worked with investors who made six figures flipping or holding rentals — and still ended up frustrated because their cash flow disappeared into poor bookkeeping, messy structures, or missed deductions.The ones who grow fastest?

I graduated in August with a finance degree and I've been working part time as a server, but spending pretty much all my spare time and money into trying to get my first real estate project off the ground.

If one has a second home in a high-tax state that rents for more than 14 days a year and is used more than 14 days, would it make sense to convert it to a rental property, given the new tax law?

Who to hire / ballpark:• Real Estate savvy, Tax strategist/CPA for planning • Cost seg study (condo STR): fee depends on size/firm dependent• Estate plan (revocable trust package)• Hourly attorney (LLC/lease/risk)I would suggest start with a 60–90 min tax planning session to map the 12–24-mo plan, then loop in attorney and (if green-lit) cost seg.