Some people say that is not the 'fastest way' to gain wealth in RE is to highly leverage and go big.

It’s been a huge help in speeding up my flips.I have little doubt that “Marie T Debnam” will soon turn into “Account Closed.”Two questions, looking at the attached pics: Is this a joke?  

First, **reliability and speed** are crucial—hard money loans are often used for time-sensitive deals, so you want a lender who can fund quickly.

If you find a local realtor and loan officer who specializes in investing in your area, start having conversations to get up to speed on your market.

Rates have now decreased from averages in the mid-7's to now upper-5's, yet the market has not seen a "speed up" -- likely due to the seasonal swing, and the upcoming election. 2025 should see strong property value growth, with increased inventory, but also increased buyer activity with rates expected to continue downward. 

The higher costs are offset by the speed and flexibility of the financing.

Limiting your investment opportunities to one property is, well, very limiting.The 70k loss is irrelevant...it's a sunk cost and you can claw that back with the current property or any other investment...whichever is fastest/best. 

I have 3 deals going in Loudoun county VA that national builders are buying our lots and when I was there going through existing developments its was full speed ahead  Toll Brothers on one project probably had 40 up and running some i am sure are presold..

Whether you should use a hard money, broker or private money would depend on your goals & priority (speed, communication, pricing, etc) so highly recommend considering a variety of options!

The fastest and cheapest cost segregation is through DIY software, but it has significant drawbacks:  https://www.biggerpockets.com/forums/51/topics/1136752-expla...Some areas (like mine) have extended deadline beyond Oct 15th.