Our initial investment was $35,000, and our partner invested $15,000 (70/30).

After 3 years, he gets his initial lump sum back.

I can see where it initially looks like that, but the fee is negotiated directly with the partnering leasing agent separate from Hemlane's fee.

Banks are saying no to me on initial acquisition.

Initially I had thought that this company only does property management, but as it turns out they help the investor from A to Z, when it comes to finding appropriate agents, lenders, contractors, handymen, managing rehabs, management, providing advice on the best investment strategy, etc. 

The other was day after the sale.So that's the problem with a lot of the trainings....they'll tell you that you can make these huge % penalties, but they don't tell you that almost no one ever pays that.Also I'm guessing in lien states, many of the liens are pretty small initially, so have more potential to get paid off. 

I’ve been using my rental income to pay myself back from my initial properties and all the 401k loans and zero % interest credit card loans I’ve take out to buy real estate.

May try to see if we can do some type of Owner Financing initially.

Three properties for $170K sounds like a bargain, especially if you can force appreciation after a turnover.If the property is breaking even with the initial purchase, I would pull the trigger on this deal with plans to BRRRR (Buy, Rehab, Rent, Refinance, Repeat) the properties as each one turns over to recycle my cash if the numbers work out.

**Financial Security**: Being young and living in NJ, I want to build a strong financial foundation first to ensure stability before taking on more leveraged investments.This approach might be slower than the BRRRR method, but it provides peace of mind and a secure starting point for future investments.Pros and ConsPros:•Initial capital boost from flipping the first house.