If someone has a deal that they are up over $1m (including the small cash flow) and I was starting out, I would be all over the financials and the plan. 

Don't cut special deals to help a friend or act like a big shot.

So, basically you are using the $500k in crypto to secure what would normally be your 20-25% down payment in a normal financed deal.

At the end of the day, trust comes from doing your due diligence—whether it’s with partners, lenders, or even the deals themselves. 

I use the BP Calculator to analyze all my deals.

.○ Purchase Date - 10-15-2020○ Purchase Price - $230,000○ Original CoC 4.8%○ Current CoC 15.04%○ Current Value - $400,000How did you finance this deal?

With myself as an operator I would offer the following: underwriting the deals, a detailed scope of work, a detailed material list, the labor, and the management.  

@NA NASince this is your first purchase, focus on finding a property where the numbers work, rather than just any deal.

My former experience has been with LTR and I'm currently focused on STR in E TN but interested in learning other useful strategies and expanding markets in later deals. 

. 🔥 Chris Voss"The Master Negotiator” & Author of Never Split the DifferenceLearn high-stakes FBI negotiation techniques for real estate deals 🏆 Dave MeyerHead of real estate investing at BiggerPockets14+ years of experience in real estate investingExpert in housing market analysis and investment strategyVenue: This year BPCON will be held at the legendary Caesars Palace in Las Vegas.