Keep in mind that BRRRR strategy advocated on BP by Josh and Brandon includes leverage and pulling all your cash out of the property.

The property will be sold upon completion.Rate:  12.05%Term:  13 months interest onlyARV:  $648,000Loan Amount:  $433,000Processing Fees:  $15,361.64 (3 pts plus processing fees)Escrow Charges:  $3,130.90Insurance/taxes:  $1,722.82Construction Holdback:  $498,361Cash to Close:  $84,762.36 In the OP, you said that the loan amount was $346k.

"pay me double of my expected assignment fee upfront., or in escrow and I will terminate it.

If you refi at 80% of $575k value then you can pull out about $460k.

Quote from @Paul Azad: Beautiful property Blake, and great growing area, i drove through a few years ago, amazing scenerey and perrenial vacation spot, would you feel comfortable sharing the structure of the syndication for the investors, fees, projected IRR, or time weighted avg returns etc from a potential passive investor perspective?

what are the laws in CO regarding unlicensed wholesalers tying up property advertising it and collecting a fee at closing is that even legal in that state. ???

If you plan on holding your real estate instead, then you'll pull-out cash against it and buy a building in order to capture more accelerated depreciation via cost seg.

Local investor meetups are also a great place to find a mentor and just talk to other investors in your market.It can be pretty scary buying your first deal, but at some point you need to pull the trigger if investing is truly what you want to do.

An architect told me that even though ADUs should not be bigger than 50% of the main house, I should be able to permit this one with SB09 if I pay a fee (about $8k according to my agent).

Tenants in arrears due to “loss of income related to COVID-19” have a six-month grace period—without late fees!