@Geoff Engel If you don't want to be a landlord but still want to be involved with investing you could be a private money lender for flips or in partnerships and bring the money to the deal.

And this does not even involve business or real estate!

There is no seasoning requirement involved since the property isn't a short sale and it isn't someone buying REO from a bank with a seasoning requirement.

Are there going to be banks involved, creative seller financing or all cash? 

As you probably read through the comments on this thread, there are many moving pieces, costs, and folks involved in this transaction. 

He determined the price and terms for the property, and according to the agents involved, he consulted with accountants and attorneys before signing the contract.

Quote from @Jacqueline Wright: Starting in private lending can be an exciting way to get involved in real estate while leveraging your capital.

Additionally, involve a real estate attorney to ensure the transaction aligns with legal requirements and protects both parties’ interests.

And while I agree that debt is often the cheapest form of capital, if you are looking at a project that involves some form of value-add business plan, you can always refi either when rates come down or you have increased the yield on the asset to exceed your interest rate.But like Stuart noted, for many groups, even the most seasoned syndicators, raising call cash for their deals is effectively impossible.  

I’ve been involved in real estate investing for over 30 years, so if you ever have any questions or need guidance, feel free to reach out.