I have around $130k in this project so far and am worried that I am going to have to take a huge loss on this project. 

This is a hard money product,you typically just need a 10-20% down payment, funding will be 80-90% of Purchase Price + 100% of rehab cost.AS LONG AS THE TOTAL LOAN AMOUNT IS LESS THAN 70% OF THE ARVOnce the project is complete you can then refinance into a DSCR loan.

The customer feature also links to the project feature if you want to make use of that eventually.This structure works great for our clients and their tax pros.

On paper, it looked brilliant..cheap money, quick turnaround, and a profit projection that made his eyes light up.It taught me that the real risk isn’t just the cost of capital, it’s the predictabilty of your exit strategy.

Then you'll have to figure out how you fund the project (land purchase + build costs).

Pick solid operators and solid asset classes.We syndicate self-storage projects.

My name is Chad, I am a renovation construction PM professionally, currently starting a search to find/ invest in some Indianapolis and local area fix and flip projects.

Then it likely takes hiring a GC to manage the project.  

Quote from @Jonathan Chan: I used my Mom's to help her retire by becoming a lender on real estate projects, but curious to see how others are leveraging their SDIRA.  

Seemed legit and expecting to hear back from them today on some proposals for a project I am working on.