Thank you very muchJaša This is how traditional banks, private credit funds and anyone in the lending space works.The challenge you will have is finding someone to give you money at X%. 

Quote from @Scott Tennell: For real estate investors who have worked with private money lenders, what strategies have you found most effective in structuring deals to ensure both parties are protected and the funding process runs smoothly? 

He kept in touch with local contractors, and one tipped him off about a homeowner who ran out of funds mid-renovation.

Also-  Have you considered investing in a note fund.

It will also require extensive networking to raise funds from other, legally, to buy at scale.Recommend your plan be more realistic with a goal of 10 years for your real estate to be generating enough cash to live off - and even that may be a bit optimistic.How to grow?

It takes hustle, but once you’ve got the right mix of funding, project management, and lender relationships, it’s totally doable!

Hey everyone, Saw this post today in the forums and I wanted to chime in to clear up some confusion.Our current fund offering operates as follows:- The Fund invests in 1st and 2nd position liens nationwide, backed by hard real estate.-  Investors may participate by purchasing individual shares at $5,000/share. - The minimum investment is $10,000 (or 2 shares) so small-balance IRAs, HSAs, and Coverdell ESAs may participate.

However, I suppose it depends on your situation.I know some people who borrow from their 401k or use an IRA to pull from.

I.e. even though you need to submit draws for any rehab funds, you will get charged interest on the full amount each month.  

(I guess that's what the $3K to $4K deposit is for)(3) Is it difficult to find private money @ 12% over 5 years to fund these deals?