The other way I fund deals with none of my own money is using a private lender that I have years of experience and relationship with and/or using HELOC and other business lines of credit.

It's the second Wed of every month, a small group of people and variety of investor experience levels.

Does anyone have any experience or guidance on doing one of these?  

It would just need to be a situation where they have great contact with the person doing that managing of the project (I.e. have known the person for years, great reputation, person has experience in flipping etc.).

I’d greatly appreciate any insights or experiences you could share on this topic.Thank you again for your help! 

Other team members can fill your gaps of experience, lack of credit, etc.Be ok taking a smaller percentage of "something" rather than chasing all of nothing.

I very well could have done it the wrong way, but this was just my experience.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

I have over a decade of experience in strategy consulting and in real estate underwriting for new acquisitions and ground up developments.

Thank you for posting that very detailed experience.