What are the alternative choices if you don't pursue this?

Here are a few specific questions I’m curious about:How does the approval process differ from traditional loans?

This approach not only enhances the potential for financial success but also cultivates a deeper understanding of the real estate landscape, empowering investors to make choices that align with their long-term goals.

While real estate is more passive once stabilized, acquisitions can require more hands-on management.The choice depends on your goals.

Financing the deal with cash and a loan from your brother helped you avoid traditional loan costs, which likely benefited your margins.One key lesson you’ve pointed out—always buying low and, if possible, getting an inspection is something that can save a lot of time and money.

Traditional lenders in this industry won't fund you on a purchase of a SFH that has leases for rooms and the building will need to be in your LLC name which means a primary bank won't lend you either cause of that and cause of your employment status.You have a real chance to start. 

But, it is the choice of the “student”.

Also, how much does the borrower’s track record or experience influence your final choice, especially if they've had success with similar projects?

Here’s what a 'co-ownership consultation' would look like:- We review an active listing of your choice to:- Build a cost-of-co-ownership model for the property which includes:- Individual ownership and ongoing cost assumptions- Modeling potential rental income for short-term rentals- Modeling financial outcomes from various exit scenarios- Tax benefits and considerations of shared homeownership- Pros/cons of different ownership structures (joint tenancy, LLC, tenants in common, etc)- Talk through the legal agreements (I am not a lawyer and this is not legal advice but I do have extensive knowledge about TIC and other co-ownership agreements)- Briefly discuss some of the ways AI is making the work that goes into successfully managing a shared home easierIf you're interested, here's what I'm asking:- You’re a U.S. citizen or permanent resident interested in co-owning in the U.S.- You choose a property that’s actively listed and something you'd realistically be interested in co-owningShoot me a message if you're interested and open to 30ish minute chat.Thanks!

Private lenders typically offer more flexibility than traditional financing, which is great when you're just starting out.