A lot of wholesalers lock it up at 75% - repairs and then try to move it at 80% - 85% - repairs.

This resulted in literally weeks of delays, which contributed to the closing being postponed and rescheduled, losing our locked interest rate.A big gap in the overall Kiavi process is that we never received detailed introductory emails about the steps of the refinancing process.

This allows you to access funds while keeping your existing mortgages intact.Second Mortgage: Explore lenders who offer second-position loans on investment properties, though rates will be higher.Cash-Out HELOC : While traditional banks often restrict HELOCs on non-owner-occupied properties, some portfolio or private lenders may offer HELOCs for investors.With $15-20K in liquid funds, look for deals where you can negotiate terms:Seller Financing: Negotiate lower down payments or interest-only periods.Subject-To Financing: Assume the seller’s existing mortgage while covering the down payment.Lease-to-Own: Lock in the purchase price while using rental income to build equity.

Dig into reverse mortgages before pulling the trigger on anything, specifically HECM's (FHA product).

I was trying to get started, had all the information but needed to pull the trigger to get in the game. 

I made poor judgment when I was younger because I was too quick to pull the trigger on some things.

I recently talked to another builder here in the Houston area, and they told me that they have locked in their materials long time ago when their project started, and that they didn't need to add the 'increased cost' clause in their purchase contracts. 

BUT I have also heard that it could trigger a due on sales clause, bringing the note fully due at any moment.

Selling would likely mean taking on new loans at much higher rates, reducing your cash flow margin unless the new properties are stellar performers.Transaction Costs and Taxes: Selling could trigger capital gains taxes (depending on exemptions) and other selling costs, eating into your net proceeds.

This is an example of private lending which is different than the IRA owning real estate and does not trigger UDFI/UBIT tax.