Purchase price: $242,500 Sale price: $430,000 I used private lending to cover the down payment and closing costs, then paired it with a hard money loan to fund the project.

AA or NA or state housing authorities that fund recovery-focused housing.

How to buy, manage and finance a deal as if you were going to do it on your own.Understand it's not like a mutual fund where you hand your money off.

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.

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

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).

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).

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