Hi BiggerPockets Community,I’ve recently come across a unique investment opportunity that I’m excited about and would love to hear your insights.

Hello BP Community! 

There are several hurdles during the process:Find the deal - Unless you are marketing or plugged into a community where there are opportunities, it isn't always easy to find the right dealsEvaluate the deal - Without professional guidance and research tools, it is difficult for a newbie investor to evaluate and ARV/FMV or create an adequate rehab budgetSecondary exit strategies - If things don't go as planned are their other opportunities to exit profitably.

Keep in mind that everyone has a different risk tolerance, different skillset (asset subclasses in real estate), different liquidity/net worth, and different medium and long term goals with their investments.So, simply listing the sponsors I like will likely be more meaningful to someone who's done at least a few deals as an LPs, knows the community, terminology, how to read a PPM, underwriting, etc.

It’s great to have a community to bounce ideas off of.

Personally, and what I would do for my clients, I would connect with a local community banker to discuss the property and see if their bank would entertain this type of financing (not all banks like doing this type of deal).

Hello BP community!

This kind of legislation discourages good investors and people who enjoy coming in and helping to stabilize communities.

I want to thank the few people that took the time to welcome me to this community.

Id go right into looking at local credit unions and small community banks for HELOCs (lines of credit) so you can have a lower blended rate and draw/payback as you please.For the 3F - Since this is free and clear, you would only be looking at 1st position options here in the world of financing.