With actual cash, you just transfer it. yes, but you can still bid with lender approval - without appraisal contingency - you send in deal (app), it gets approved by lender its functionally the same as cash (except in true lightning speed situations where there is a quick auction with little time to prep but thats generally pretty rare I'd think)Right, but that's not cash or functionally the same as cash because the lender can change the terms at the last minute, as often happens with less experienced hard money lenders.

@Mike Terry Awesome.

I want to be sure I’m structuring things in a way that protects my assets while allowing for growth and still keeping money partners protected.Any feedback would be awesome. 

Awesome!

Awesome, @Rami Refaeli.

Hey Jacob, congrats on the house hack that's an awesome strategy in any market but specifically in Peoria and Maricopa County right now it's a great option. 

Congrats on the sale of your business, that's awesome man.

As you begin your REI journey here is one tip I have for you:Use this website as you are trying to narrow down the places you want to invest in. https://www.areavibes.com/Its awesome because it gives you a "total livability score" & you can compare different zip codes & streets to others. 

@Matt Powers that's awesome that you're thinking about househacking to start out.

Hey @Fara Heath, welcome to the BP Forum and this sounds like an awesome opportunity!