The BRRRR Method is really designed for this - I'd recommend buying the "BRRRR Book" in the BP bookstore and following that strategy - it basically outlines this exact gameplan in the opening chapters

Depreciation is typically allocated according to the ownership percentages outlined in the partnership or syndication agreement, which are set in advance and follow certain rules under the tax code.However, some syndication structures can be designed with different classes of partners or special allocations, but these arrangements are subject to complex tax rules, such as the "substantial economic effect" rule under Section 704(b) of the Internal Revenue Code.

They tend to be more flexible than institutional lenders and may lend based on the equity in your property or its ARV, rather than focusing on your income or DTI.If you have any connections with investors or family/friends who are looking for safe investments, you might be able to pitch the project to them, offering them a higher interest rate than they would get in traditional investments.Advantages:More flexible terms.Negotiable interest rates and payback periods.Considerations:You’ll need to clearly outline the project’s profitability and how you will repay the loan, usually through a refinance or sale after rehab.

U needed to be an accredited investor to invest in those deals and I am sure there was plenty of disclosure in the documents outlining the risks .. and one risk was to lose all your money.. but you invested anyway.. and now that its not working the blame game starts.

Then send a follow up email outlining what you are proposing.

Ensure all terms are clearly outlined in the loan agreement, including repayment schedules, interest rates, default clauses, and any exit strategies.

Maintain transparency by clearly outlining loan terms, interest rates, and repayment schedules, and ensure consistent communication throughout the lending process.

HOpe this helps...Educate Yourself: Read books and listen to podcasts about wholesaling and flipping.Build Your Network: Connect with other investors and mentors in your area.Create a Business Plan: Outline your goals and strategies to stay focused.Take Action: Start making offers and pursuing deals.Stay Persistent: Keep learning and adapting through challenges.Good luck, and enjoy the journey!

Mortgage: A legal document outlining a loan secured by the property.

I’d get clear outline of what they cover and what they don’t cover.