That might create some tax issue/book keeping complication.If @Brandon Hall is around, he may be able to clarify if this transferring of funds is a nonissue or a big deal.

However, a town of that size is very similar to the areas that we have funded a lot of rehab and DSCR deals.What are some of the things that you like about what you're seeing in the Winchester market for a BRRRR?

That is typically 2x most note funds.

Take a loan out later if you need funds for another deal.

Here are some common pitfalls I see for new investors from the private lending perspective:• Insufficient Funds: most lenders are going to be able to lend a first-time investor somewhere around 75-80% of the purchase price of an existing property + 100% of your estimated rehab budget (or an 80/100 loan, for short).

Start building your down payment fund and check different financing options.

We do currently have around $50k set aside for our next downpayment as well (that’s in addition to a $25k emergency fund).

We are wondering how to go about showing proof of funds if the deal ends up being an on-market deal.Any advice would be helpful.

David Ramsey talks about stocks, mutual funds, etc.. whereas I made my money by being an active investor in real estate.

This is bank loan that this depository institution made to you using depositor funds.