Instead of selling your place outright and getting hit with a massive tax bill all at once, you play the bank and provide a loan to the buyer.

If you are short on Capital, but heavy on sweat equity you want to play to your strengths, so using the banks Capital while you force appreciate a property you live in is a good way to build equity.  

When they are gambling on a completed project, they want to know a battle tested captain is at or along side the wheel. 

Others play hide & seek games with their intentions.If you're interested in the Detroit market, DM us.

They should have designations of education and experience as an example.Curious about this one @Michael McVety - I just learned that NARPM was pay-to-play.

Start playing with the BP Calculators to find the answers to your questions:)

if you already sent him some money and he now wants more then I can tell you that you have run into a fake lender scammer.. on line profiles mean diddly squat.U can play the private lender game all you want.. just never ever send them any advance fee's unless you pay for a 3rd party appraisal directly to the appraiser..

I'm particularly passionate about BRRRR, and Fix/FlipOutside of real estate, I enjoy being with family and friends, and playing with my Boston Terrier Daisy!!

I think RE now is a long term appreciation play so it's important to buy a solid asset, not just an inexpensive property (repairs costs, capital expenses like my stolen AC unit, potential tenant issues, etc). 

Great book that talks about investing in a different light, not giving you strategies but looking at it from the reader's relationship with money and how their psychology plays into their preferred methods of investingGino