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Hello everyone! I haven’t moved forward with a Real estate development yet not because of a lack of knowledge or initiative, but because of capital and market-specific constraints. I’ve sourced viable infill duplex opportunities, structured the deals, and lined up construction financing, but execution requires either upfront capital or land contributed to an LLC. I attempted to solve that through seller equity and by bringing in partners, but the seller ultimately needed a lump-sum payout, and local investors in my market are overwhelmingly focused on flips, buy-and-hold, or wholesaling rather than new construction. I even met with a large independent developer who passed—not due to the deal quality, but because he no longer wants to develop in Maryland due to permit timelines. At this point, it’s clear that if I’m going to pursue development, I’ll have to do it myself once my credit repair is complete and business funding is in place, because the knowledge, deal flow, and execution plan are already there.
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William Price
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Intro
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