We are a capital partner and move like no Lender can move. thats where the great deals are going or at least what i see as its my day job LOLPS  in the old days  the west coast buyer had to get pre approved by the west coast mortgage lender and that included an appraisal up front so we knew the numbers would work then when rehab was done the mortgage brokers simply had the appraiser do a 442 update and the file closed. 

Build capital for investing, Living in the home last 15 years.

Is the GP contribution from fees or did they put capital into the deal?

Do not want to put anymore capital such as a $140k cost of foundation further putting us in the red so considering selling this money pit as is or holding on for creative ways to make this house profitable.

Hey, I have $80K-$90K liquid moneyInterested in investing in real estateI have knowledge, I did wholesaling for 2 yearsMy goals are to increase capital + accumulate properties.

the less you borrow, the lower your payment... but the less of your capital you get back. 

I dont have the capital to buy it.

Working our on capital stack for a large multifamily development and needing some different options with private debt/equity.

Michael's book seems to be a bit unrealistic with the deals he uses as examples.I have $200k of capital now, $1M of capital in June '25 and another $1M available when I get some units under my belt. 

If you only have $25k to your name, and you have investors that understand the impact potentially losing that $25k would mean to you, they very well could say $25k is enough.As for encumbering a property you are syndicating with a second mortgage for your capital, no.