You don't have to do anything with the money and there's no time limits or anything.2.

(Others would be more boring and say it’s just my money earning money.

There is definitely more too it than just the money that goes in.

you may have to save up until you have enough money to do so - down payment, closing costs, reserves, etc.House Hacking: What Is It, How to Start, and Strategies for Successit's a more powerful way to get started. 

Did you use a hard money loan for this? 

Instead of shelling out $60K for a $250K deal, maybe some of you can help me figure out (or give referrals) to title companies, etc, or give overall advice how to save me money from this enormous financial endeavor (closing the deal).Thanks!

The ROI on your money can't be beat.

Maybe they don't need the money now but in 5 years they wan to send a grand child to college.

"Before borrowing money from a friend, decide which you need most".

It is a complimentary strategy to pull some of your money back out and hedge your bet.