Are there going to be banks involved, creative seller financing or all cash? 

As you probably read through the comments on this thread, there are many moving pieces, costs, and folks involved in this transaction. 

He determined the price and terms for the property, and according to the agents involved, he consulted with accountants and attorneys before signing the contract.

Regardless of the asset class, the common thread is clarity, consistency, and respect.At Robin Hood Properties, we’ve learned that balancing profit with a deep commitment to customer satisfaction creates sustainable success for everyone involved.

Additionally, involve a real estate attorney to ensure the transaction aligns with legal requirements and protects both parties’ interests.

My point is this, I am actively involved/advising this investor, providing local vendors contacts (handyperson, surveyor, painters, etc) and I "don't wait for them to call me", I call them weekly. 

And while I agree that debt is often the cheapest form of capital, if you are looking at a project that involves some form of value-add business plan, you can always refi either when rates come down or you have increased the yield on the asset to exceed your interest rate.But like Stuart noted, for many groups, even the most seasoned syndicators, raising call cash for their deals is effectively impossible.  

Quote from @Jacqueline Wright: Starting in private lending can be an exciting way to get involved in real estate while leveraging your capital.

I’ve been involved in real estate investing for over 30 years, so if you ever have any questions or need guidance, feel free to reach out.

My involvement would go down drastically to where the only thing I'm doing would be funding the deals.