Thanks for touching base and let me know if there's room for collaboration on any of your projects or just willing to share lessons you've picked up along the way.

Borrowing against your paid off house without an income puts way too much pressure on the success of whatever deal/project you decide to pursue. 

When you start to do a lot of projects, 50% is a lot of money to go out when you are scaling, finding deals, and doing all the other footwork.

I graduated with a degree in construction management, moved to Dallas Texas to work with a large construction company building projects anywhere from 30 million on up to 1.2 billion.

You can also hold money for maintenance, capex, taxes, insurance, or other projected expenses.

Compare this to other hard money lenders to ensure you’re getting a competitive deal.Reputation: Before working with any lender, it’s crucial to check reviews, reach out to other investors who’ve used them, and potentially even meet with them in person.Experience with BRRRR: If possible, find out if they have experience funding BRRRR projects specifically.

Do you do any development projects? 

Then you will be stuck with a potential rehab project.

I was wondering if you found a lender, and if so, how your project is going.

It’s a great way to add value to a property without putting a ton of money upfront, and it can set you up for financial success in the long run.Has anyone else done a similar renovation project or used a gift of equity in their deals?