Typically they involve higher leverage, faster closing time frames, and more flexible guidelines, but at the cost of higher rates and shorter term loans.  

I would just accept that this needs to be a small scale operation involving close friends and family until you have some tangible experience and significant capital of your own.

To persuade parents of the risks involved, educate them on the BRRR method, explaining how each phase works and why it's less dangerous than it appears.

I went ahead and just recommended that they get lawyers involved and go from there.

True, these involve a real estate component, but really, you’re starting a business. 

I would get a contractor involved and get some bids.

I think these photograph well, but ultimately will lead to an underwhelming experience for many guests who underestimate the work involved.  

The results of investor’s losing their money may not be any different no matter which “level” above is involved.  

They have no understanding of compound interest, time value of money, return on investment, cap rate, or anything involving math of any sort10.

I’ve been involved in multiple mentorships, including Gator Lending since 2022, and I can tell you firsthand that this community is rooted in professionalism, learning, and collaboration—not in the stereotypes you're peddling.Transactional funding is a time-tested practice in real estate, with over a century of history behind it.