Taking longer than anticipated to complete the renovation due to unforseen technical challenges Lessons learned?

Working with a private lender can indeed come with challenges, particularly regarding qualifications and funding structures.For your cosigner, they typically will need to be a member of your LLC and the private lender will want them to hold 51% - depending on lender of course.Compensating your cosigner fairly is based on what both parties believe is fair.

Being a broker in Western Washington and an investor in Tacoma, I completely understand the challenge of getting started in this market.

Eric, thanks for the question and appreciate the challenge.

Navigating the eviction process in Florida can be challenging for landlords.

I’m particularly interested in learning about the advantages and challenges of investing in Oakhurst, Mariposa, Yosemite West, or other nearby towns.Thanks for sharing your insights!

.⚠️ Financing Challenges: Hard money loans carry high interest rates that nibble into the bottom line.Unrealistic timelines: If you think you're going to be in and out in 60 days, you're sadly mistaken-most flips take longer than expected.Real Talk: Is Fix and Flip Still Worth It?

It has its challenges for sure.

Your case is indeed a challenging one, especially when traditional lenders are hesitant. 

Accurately estimating expenses like maintenance, CapEx, and make-ready costs is a common challenge, especially for new or prospective investment properties.