OVer the past month we have seen hundreds of millions / around $1B in defaulted private money loans come across our desk.

It appraised for 320k which is obviously a great spread but you have to remember closing costs, carrying costs, hard money costs and the cost of the refinance.

(I also don't understand how you have a hard money loan with a rate of 7.25%...)offering an equity position that you then buy out in just a few years seems like way too much complexity and risk when you say you just need 30K. 

If you’re considering managing trades yourself, be prepared for scheduling and quality control challenges, but it can save you money if done right.

You could structure a low down payment with interest-only payments for a set period, then refinance later.Master Lease with Option to Buy – Control the property now, generate cash flow by leasing it, then buy once it's stabilized.Sub-To or Wrap Mortgage – If there’s existing debt, you might be able to take over payments or structure a wraparound mortgage to benefit both parties.Hard Money or Private Lender for Reno Costs – If you secure a seller-financed deal, you can use private or hard money for the rehab without tying up your own capital.BRRRR Strategy with a Bridge Loan – If you can get the purchase price down, use a bridge loan for acquisition and rehab, then refinance with DSCR or conventional financing.Would love to hear more details to help structure something solid.

Top performing multifamily investors make money.

Since hard money eats into profits, consider private lenders, local banks, or partnerships for lower-cost funding.

You'll find that rental property investing isn't scary at all and a great property manager can actually save you more money than they will cost!

This will cost you a lot of money and time.

My walk through estimate was roughly 60k, Hard money was 12%.