The new buyer brought a new down payment that made me whole and then some, and despite the original buyer falling behind, I continued making the underlying payment on the mortgage with reserves from his original down payment.

Or at least the on-going conversations and topics that were brought up.Happy Investing All!

Nothing wrong with partnerships - I have used one to scale way faster than I would have on my own because he brought skills I didn’t have - but if you can do a deal on your own first to get a better understanding of the entire process it may help you identify what you need from a partner and what types of things should be in the operating agreement.As for the operating agreement, be sure you sit down with an experienced attorney who will help go over the dozens of scenarios that may come up and how you would like to handle them. 

A wholesaler in Pflugerville brought me a deal when their cash buyer fell through, and it ended up being a win-win.Digging Into Pre-Development Permits: Austin has a lot of new developments, and I’ve had success reaching out to property owners near upcoming projects.

From what I read in Bloomberg recently, investors gravitate towards platforms they trust on a personal level.I’ve found that blending personal touches with strategic growth means knowing your audience and what makes them tick.

We just brought on debt in second position that we would pay 10-12% interest on that would leverage the property up to 80%.

I brought in a partner who funded the downpayment. 

@Justin Goodin One question Melanie brought up that I'm confused on is about your ownership of One18 Place, as claimed here: https://web.archive.org/web/20240528134524/https://nextlevel...I unfortunately had to go look this up in the Web Archives, because it appears that your previous site, www.nextlevelequity.com, is no longer active.

If you are doing it just to buy something my answer would be no, but if there is a specific deal that you underwrote that looks like a great deal then yes.Henry asked and brought up great points as well. 

In your case, it sounds like a similar story.. you identified a property with potential, tackled the structural work, and brought it back to life in a way that justifies a higher price.