I raised $95k in 2nd position notes at 7% cash on cash return per year for 2 yrs with a $30,000 equity share at the refinance milestone.

Building in milestones into the schedule with completion bonus/penalties is a great tool as well.

Phoenix has a boom or bust past - highlighted by the massive swings in annual value appreciation in the graph below.Austin has a much more consistent history, although with generally lower rates of appreciation during the good times. 

Lay out these milestones in a rough timeline starting from the end (closing date).

Ideally, it could graph expenses by category and have some sort of dashboard for rent collection.My property manager sends my accountant all of the transactions for a property and my accountant puts the transactions in.

Many times, private and hard money lenders are investors themselves and understand how investing strategies such as BRRRR work, and are able to offer really decent loan packages (for example, offering reduced interest rates and long term notes to investors after successfully completing a certain number of BRRRRs with the lender and hitting agreed upon milestones).I would be curious to hear from any lenders on here who actively and frequently lend on appraised values that are higher than purchase price, and what we can do to get more lenders in our markets to do the same!

https://www.google.com/amp/s/www.bakersfield.com/delano-record/high-speed-rail-agency-trumpets-4-000-job-milestone-during-economic-slowdown/article_f73f5252-af33-11ea-a0d4-83c3bf12b74c.amp.html

Next time setup payments on a milestone basis; only pay out for the work that is done for that week.

I did 95% of everything, so it can be overwhelming and stressful, but figuring out how to overcome obstacles and reaching new milestones was even more rewarding.

Signing your loan estimate is necessary to advance to the next milestone.