We financed the project using other people's money, leveraging a combination of hard money lenders and private money lenders.

This way, you’re not going all-in on a new roof before you need to, but you’re also avoiding costly water damage that could eat into the savings.In other words, patch it up, keep it durable, and wait to replace only when there’s no life left in it—Tonka style!

@Teahjsia Frazier - If you're targeting a BRRRR for your next deal I would consider using a combination of your money, private money (friends and family), as well as hard money for the purchase and rehab.

Glad to be part of an on-line real estate group. Looking forward to working with you toward meeting your our business goals.

In hidden vaults beyond the veil,I guide investments without fail.With freedom to direct the way,My wealth grows stronger by the day.A private path few mortals see,What tool do I employ for me?"

There are two idea I’m batting around in my head right now to get started on my REI journey – I can do it purely on the investing side and become a private lender or a source of hard money loans to builders/developers (maybe that looks like funding a construction loan collecting interest payments while buying time to better understand the dynamics and build relationships) or I can JV/partner with a builder and get equity (upside on a flip/sale) which would be more hands on.Curious what ya’ll input, what you think is the best route for me to dip my toes into REI given my aforementioned situation and current market.

Are they picking window style and placement, exterior cladding, color, etc? 

Don’t private message me asking how.

Yes, I am a private money lender.

This is a cozy, private guest suite tucked right inside our home.