First off, huge props to your dad for building that real estate portfolio over the years 👏🏽 Given the numbers you shared (3.4% fixed mortgage is chef’s kiss), it sounds like a solid property with a lot of upside, especially since you already know the ins and outs and can add value by converting to 3-bed units. 

I know that it’s doable but the way Josh and his team make it so easy to just focus on the inbound leads captured from the Facebook feeds is next level for me and my company! 

IF, they were willing to take the risk inherent in all “subject to” transaction done without lender approval, they would have also been able to “capture”, and added to their wealth, the difference between 9% and 3.25% on the underlying $375,000 loan balance, or about $21,500 per year.3.

Lots of trial and error and learning from mistakes, so much more capital needed than 50k, so much work to do building a drag net across 5 - 8 markets to capture opportunity then have boots on the ground to put plans in motion.  

At least at the court steps... not sure how that will work with online auctions via Xome or Auction.com.It sounds like I may need to capture this funding arrangement under a different instrument.

Most of my clients are buying newer multis so they can capture high rents and not waste time on the reno where you have no cash flow.

The charm and uniqueness of it captures me. 

I feel a bit stuck in this scenario, and I could use some advice.I'm raising some money from private investors and wanted to run some options by more experienced posters, because I'm a bit unclear as to what the best way is to structure my deals with private investors, or if there are better options that I'm not considering.Here are some rough numbers to capture a deal that is on my radar:Loan amount from investor: $110kYearly Interest Paid to Investor: 7%Monthly Rent from Property: $1300Monthly Interest-Only Payment to Investor: $642Monthly Property Taxes: $71Monthly Insurance Payment: $71Property Management fees: $104Net Cashflow: $412Now, this is not a bad outcome, and I am fine with it, but I am wondering what someone else might do differently if you were in my position - Should I charge an upfront fee to my investor (maybe $5k or so for this deal and also keep the cashflow as my monthly management fee), or would you instead use the $110k from the investor to BRRRR a bunch of deals, or would you try to just use the capital for one deal at a time?

-Got inspectors who accurately captured the issues with home(s)?

It’s a great way to capture unclaimed deductions and potentially create significant tax savings.