I did all of mine several months ago as they are single member LLC;s and I already have to go through fingerprinting, background checks for my NMLS license as well as audited financials for our fund.

By providing the necessary funding and covering renovation expenses, we ensured the project stayed on track and within budget, leading to a profitable outcome.

But when you got $40k, $75k, $125k, you're not gonna become a financially free anything via buying index fund's and ETF's, your just not.

Is it dependent on how you get funding?

It is my understanding that people refinance and then use those funds other ways (personal living, investing, some to buy another property) as a means to minimize tax obligation. 

I always research the local market, compare properties, estimate expenses, and build a reserve fund.

It’s my brother and 2 good friends that have some experience. the money lender would be a family member of mine lending out of their self directed IRA so they will be lenient with us.

If I put my money in the S&P 500 index fund, the annual return is about 10%.

Doing a 75% 1st mortgage and 15% heloc or heloan would likely give you better cost of funds all around.If this is an investment property, you can do 80% cash out refi using NonQM loans such as DSCR loans, but at a higher cost/rate than if you stick with 75% loan to value. 

Ideally I wanted to live in Lake View as that's my dream neighborhood, but I just didn't have the funds/income.