My Hard Money Lenders held the money in escrow and would not release the funds until the work was done, inspected, and they knew it was properly done. 

We are now looking to get serious about funding our retirement.

I don't have experience with the Detroit Land Bank, but generally land banks are pretty reliable, but...they are low money buys (from $1 to $1,000) that require you to show proof of funds for the rehab.

With a cash out refi, your rate is fixed, but you’re also paying interest on all of those funds instead of only what you draw.

If financing is part of your strategy, consider exploring fix-and-flip loans, which are tailored to help investors like you fund both the purchase and the rehab of properties.Lastly, start small with your first project, ideally in a neighborhood where you understand the market dynamics.

When we as investor being told about the risk publicly, then we know the risk.Make it the structure more like an Interval fund, so it's still not tradable, but there's periodic financial reporting to public.

I'll post updates here in case anyone wants to follow along.We syndicated in the states to fundraise enough for architectural renders, entitlement, legal, and to pay off the land. 1/4 of total funds required have been deposited in our bank account.Convinced a world-class architect to do luxury design for us.

I can't help feeling like he's been stockpiling funds to eventually file bankruptcy even while he swears he's trying to straighten everyone out.

Do you have enough funds for down payment and closing costs + emergency funds 3.

I just make sure we have the funding to make the project go..