You'll never get the confidence to invest from another person or guru.

Personally, I bought a 3 bed single family home soon after starting my job and had two friends from college rent which covered my mortgage plus a little extra.

You’re going to be personally sued no matter the cause of the loss.

@Reyna AyalaI personally feel this is overkill.

I would be happy to discuss structure and feasibility as well as insight into my personal finances/personal stake into a deal with serious lenders/prospects.Even if you are reading this post and are not a lender but have valuable insight or experience with flips in Charlotte's market, please don't hesitate reaching out.

I've done this personally and have helped a bunch of other investors do the same.

No problem, I had cash from a refi, a HELOC, and a personal LOC.

During this 24-month period, the property must be rented to another person at a fair market rental value.After the 24 month period your sibling could convert it into a primary residence.

How we purchased our property: Combination of Savings, Personal Loan with interest from a family member (4% interest) and a cash loan from Wells at about 8%.

Did you have to jump through so many hoops and provide this level of personal information?