I even identified a viable property to do this already, but may not have my ducks in line yet to execute with a group.If I can get a fund going, I plan to scale it and do more of these projects since I have the blue print to do this over and over, but just need cash.

So, I'd like to get ahead of the game and start working up a plan and a strong argument for it which I can use when the time comes. 

It sounds a lot like timeshares or partial ownership plans room the 1990’s and 2000’s.

If I can help with questions, would love to hear what you’re focused on or planning!

My plan is to put 5% down on a 30-year conventional loan and have the rental income help cover part of the mortgage.

With the current mortgage rate constraints affecting how many buyers are willing to enter the market we are seeing a lot of borrowers have success with the BRRRR strategy with plans to sell in the next 3-5 years when interest rates go down.Researching potential LTR and STR rental amounts and seeing if holding for a few years is a viable option is a good analysis to do well. 

They are planning the factory as I type.

What was your backup plan on the Wrap, if the buyer stopped paying on the underlying mortgage? 

I plan to appeal this but I'd like to hear if this has happned to anyone else.

The HML covered 100% of the $32,500 rehab budget through drawbacks.Refinance: Post-rehab, I refinanced into a primary mortgage, creating 25.5% equity in the property.Future Financing: I plan to leverage the property with a HELOC to access up to $86,000 in capital for future deals.