Thanks for the feedback—it really makes me step back and think about this whole situation.To answer your question about the hard money loan: I went that route because I needed to close quickly, and hard money was the fastest way to secure the deal.

This is true for all private money lending situations..

However, I got into real estate mostly relying on OPM - private lenders, seller financing, and business lines of credit.I also don’t like the idea of buying turnkey properties at a premium.

While the co-signers add some security, the family’s newness to the U.S. and uncertain job situation make them a higher risk overall. 

Currently, we are targeting multifamily properties of 100+ units, and have been actively engaging with various owners and brokers, submitting Letters of Intent (LOIs) and working to secure deals.While some may consider our approach bold for new investors, we are confident that, with the right team and expertise, we can succeed in achieving our objectives.I’m excited to be part of this community and look forward to learning from your collective experience.

I'm presently a facilities engineer by trade, who does some construction and maintenance for landlords on the side, hoping to get back into the private real estate game.

And with a twist, that everything from day 1 is designed and built to facilitate intaking private $ into the "fund".

If you owned a few thousand rental properties, you could argue that owning a private jet is a significant time saving tool and well worth the cost.

Smart Home FeaturesAdding smart home technology like thermostats, security systems, and lighting controls can increase a property's appeal and value, especially for younger buyers.8.

@Seidy Lasker Wash sale rules apply to stock options if they are deemed "substantially identical" to a security sold at a loss within 30 days, such as options with similar expiration dates or strike prices.