Although we do have our own money in every project we do, we rely heavily on our network of Private Lender's.

Aren't they losing money?

You should have ample reserves and make sure the house is not a money pit from the maintenance perspective. 

Nothing will piss off the inspector faster than missing an inspection.My last piece of advice, in an effort to not make this a book length post, deals with the money.

You must must disclose to the seller everything including that you are selling it to someone else and how much money you are selling it to that end buyer.

If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

l plan to use that money to start investing in real estate.

Making money was a bonus because I live here.How did you find this deal and how did you negotiate it?

@Huong LuuIn my opinion, presuming you need the money - it is better to cash-out refi the property.  

Now that we are 10 days from closing, I am talking to loan officer to get the Closing Disclosure so that I can know the exact cash to close (I need to move money from brokerage to bank account) and he is mentioning about 2% IPC limit.