I hope to use private capital to fund the entry fees in second position.  

Then I panicked and had to figure out the details of funding etc.

On my other credit lines I have with them that are tied to my land flipping business ( I fund land and home flippers in 7 states) I pay one fee up front and the line is good for 3 years. 

quickest way to lose your license is trust fund violations.

We have been primarily buy and hold and wanted a secondary source of capital to fund our buy and holds.

Expect rates for both to be double digits.If a cash out refi makes sense for your situation, you may be able to go up to 80% LTV to access more equity.

I'm now in my 40s and financially independent living off of real estate and index funds.

We are currently using Stessa and it takes 10 days to get the funds.

If you're capable of getting funding from a bank, those terms are terrible.

Continue to expand my bareland funding for land flippers .