Off-market pocket listing from a long-time broker relationship How did you finance this deal?

You are likely blending PMLs with HMLs here, most PMLs lend on a relationship basis and most HMLs underwrite the credit profile and risk of a deal. 

There are plenty of valuable contacts, relationships to create & grow, helpful bits of information, etc.3 things I'd recommend for a new BP member looking to make the most of the platform:1.

Your experience with project management and relationship building will be invaluable in real estate, whether you’re interested in development, investing, or property management.Your entrepreneurial mindset and eagerness to learn are excellent foundations for diving into real estate.

My team on the ground there handles everything from sourcing deals to renovation, and we've worked with hundreds of investors each year to make these properties cash flow.We’ve built up some solid relationships in Detroit—whether it’s general contractors, agents, or property managers who understand the ins and outs of Section 8.

Two days ago it was an investor who created an additional LLC independent of the deed holder entity believing tenants could only sue the LLC where a contractual relationship existed. 

A balanced approach, combining financing with a cash reserve for stability, maximizes tax efficiency, inflation protection, and aligns with your goal of retiring sooner.This post does not create a CPA-Client relationship.

Treat the relationship with importance.

I'm fine if things get drawn out weeks/months, and would not mind building personal relationships with Banks.

You can always scale into BRRRRs once you've built a solid relationship with a PM, learned the market well, have enough saved for BRRRR expenses, and have built equity on your first property.