If you conclude the leverage is so good that everyone comes out ahead that's fine but if you are only able to originate hard money debt that may be viewed as a red flag by investors who will question your experience and borrowing strength.

Haha yeah this is what real estate deals usually look like for me, but awesome that you came out ahead!

So it’s best to get ahead of it before the appraiser does for the 1007.

@Sheila Siegel go ahead and message me if you're still interested

As someone who’s both a real estate investor and a property manager in RI, I know how important it is to stay ahead of the curve.

I hope you don’t have friction with your partner because the money got ahead of the work.I’ve had some success hiring workers for the day at the prices the gcs pay them $100-200 but have had my fair share of misses here too.

Other than the 1 property I am renting my family's taxes are pretty straight forward with a couple W-2 and no LLC, so when I got the $1,700+ quote for tax preparation it seemed a bit much.

Having reliable contractors who can shoot you straight regarding providing an accurate scope of work and expenses is crucial.

I want to be straight with you - trying to invest with absolutely no cash reserves is really risky.

You can learn from someone one step ahead of you and then do business together.I'm sure there are plenty of mentors you could pay substantial money to to gain knowledge and know how but i doubt it could replace actual relationships that are pertinent to your market and current business.