Purchase price: $122,000 Cash invested: $41,000 Value after renovation $175,000.Closing $ 31,000 Renovation $ 10,000 How did you add value to the deal?

Depending on your deal, reserves may or may not be required to be in your name - although you can use other accounts i.e. 401ks, IRAs, etc. towards that reserve requirement. 

I also agree you can connect with Alan Ceshker in Austin as he's one of the attorneys that will help structure these deals. 

I found a pretty stellar deal in Texas hill country, a few months earlier than I was prepared for (doesn't seem like most deals have particularly convenient timing!)   

How Tiered Returns Can Help Structure Private Lending DealsHey BP community,I wanted to share some insights on structuring private lending deals, particularly when working with private investors to fund real estate projects.

I wish you the very best of luck and I look forward to hearing about your first successful deal. 

Even those with long track records are strugggling to raise $ as well as break even on deals 

Ok ok thank you so much I will have to look into this a great deal more.

If you are honest and transparent with homeowners, you'll find a consistent pipeline of deals. 

Networking and securing the right financing will be key to getting that first deal done.