(or at least very close to completion)...otherwise you may just be spinning  your wheels and theirs..besides, it could take longer than anticipated to complete the remodel and the last thing you want is a lease and a tenant ready to move in and another week of final touches to finish for completion.....yikes..

I have my own but wanted to get the BP spin on your ideas.

Good to see you evaluating every move; the mortgage process is demanding and time consuming, good you are getting pre-qualified before spinning your wheels. 

I think you are spinning your wheels considering a $50.

I've been spinning my wheels for months and do not know what we should do.

I've listened to so many podcasts and ask BPs that my head is spinning.

And good job with a spin off of the BRRR!

So overall, it sounds like a bad deal, but on a street-by-street level, the numbers look like they hold up.Now, that puts a whole new spin on things, but doesn't eliminate all the risk, of course.  

Morning Steve,I think we need to put crowdfunding in perspective  with these rehab deals they do its just a HML really... with a crowdfunding spin that allows small investments into the deals.Its quite common for HML to get extended or rehabbers run into issues mid project.Although since this is a newer way of investing the CF companies would be advised as you state to be ahead of these issues instead of reacting to customer inquires.

The pre internet brokers pooling investor funds relied on the same thing as the new platforms: spin on the profit/return, downplaying the risk, and allowing people to contribute at levels they could afford.