to simplify, here's what i would do: don't borrow private money, or partner, until you have a track record. 

Hi team, I currently live in Dallas, but only have invested in the midwest with rehabs and buy/holds that I currently rent out. I am looking to start in Dallas. If anyone is/knows of any investor in the area, wholesal...

The spacious primary suite features a private full bath with double vanity, while the flexible layout provides options for bedrooms, an office, or hobby spaces.

I took a small private loan and bought my first home.

I took a small private loan and bought my first home.

If private companies continue to provide the insurance, I suspect we will see further increased premium costs which will need to be reflected in the rents tenants pay (all tenants: LTR, MTR, STR).  

In this market, I would not finance a first time flipper at 75% profit split because the profits and success rate is lower than the last dozen years.  

You can save a lot on costs if you do many repairs yourself.Look into hard money lenders or private lenders for the initial purchase and rehab.Connect with wholesalers, agents specializing in investment properties, and other BRRRR investors to find deals and learn more.

He has since refinanced and cashed me and my private lender out.

First, let's be very clear here.The mortgage your speaking of is a private agreement between the seller and the lender.