This is definitely not the norm in this space, unless you are cross collateralizing with another multifamily you own 

Also, some concern on the $5.3 million in transaction cost to acquire the property approximately 9% of the deal, obviously there won't be any money set aside for renovations given that the property is only a few months old, so this is all frictional cost to the investor. 

Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Otis "Lee" Sams.

I just want to know if these transaction are possible in PR and how smooth they go.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $250,000

Cash invested: $65,000

This is my first flip. Came out great but still on the market. Numbers are a little...

I don't transact nearly as much as you here in Chicago...$55M...AMAZING!

It's quite interested because Bilt has provided her with a bank account and routing number, so she's only charged for an ACH transaction.

@Nina V.Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

I'm not sure your role in the transaction but make sure the listing agent is present when the appraiser is there or at VERY MINIMUM provide the appraiser with a packet of comps, SOW and/or receipts of work done in a nice and neat packet that is easy to read and follow.

So, the one step you have been missing is recording a transaction whereby you provide cash to the LLC.