If you've flipped properties in Texas, what have been your biggest lessons learned?

Are you only doing private money are you doing asset based/traditional as well? 

New Garage door on detached 2 car garage.My mortgage company is Citizens Bank and from looking at their rules for PMI cancelation(per google AI) they are:"Citizens Bank will automatically cancel private mortgage insurance (PMI) when your loan-to-value (LTV) ratio reaches 78%.

So that is when I immediately backed out but still did more research anyway to find more fraudelent documents, emails and phone numbers to his scam.Yesterday we heard from my trusted friend and private lender who now is the 6th person I know who has been reached by this guy.

Property taxes and insurance are typically the two biggest recurring costs.

It’s common to hit some hurdles with traditional lenders, especially when LTV requirements are strict or when cash flow doesn’t align with standard underwriting practices.If you're looking to refinance quickly and pull out cash, private lenders might be more flexible with both LTV and the cash-out process.

Down paymentThe down payment is one of the biggest upfront costs when buying real estate.

I think the biggest thing that you can do is pay them immediately.

Answer= Leads for his "private money coaching program"Is that how you want to start a relationship with someone... who's tried to trick you in to being the "hero" and "mean Guru killer" who has your back!? 

I think the biggest difference compared to traditional syndication/reg A/Reg D is that you don't have to be accredited to invest in fractional ownership (at most fractional companies at least).