I also just go done taking a Alan Cowgill course on raising money to help fund my deals.

I guess it depends on how much money you have.

You probably have a lot of friends or relatives with money to invest and an interest in real estate, but they have no clue what to do.

Worst case you have zero money and you pay interest for one month on $330 for an “expensive” repair. 

Why Part of a Good Deal is Better Than 100% of No DealHey BiggerPockets Community,As real estate investors, we all want the perfect deal—the one where we control everything, make the most money, and have the best terms.

We are so lost as to what to do with the money.

Always have rent money coming in from the duplex vs SFH (not).2.  

It’s great that you’re looking to put your money to work in real estate—smart move.A few key things I always remind my clients (and myself) when investing:1.Don’t rush it.

I purchase the property in the name of the LLC with a hard money lender and use the money partners money for the down payment and the repairs.4.

Property TypeUnderstand the different types of multifamily properties:High-Rise: 9+ floors with an elevator, often urban.Mid-Rise: Smaller than high-rise, usually with elevators.Garden-Style: Low-rise apartments in suburban or rural settings.Walk-Up: 4–6 stories without elevators.Manufactured Housing Communities: Mobile home parks where land is leased to homeowners.Special-Purpose Housing:Student Housing: Designed for college students.Senior Housing: Dedicated to older adults.Subsidized Housing: Affordable housing supported by rent and income restrictions.3.