Best of luck on your journey, and I look forward to hearing about your progress!

The answer is that if the lender that's doing the hard money loan is only funding the purchase and not the rehab, they then have less oversight of the project since they're not doing the draws, and thus not seeing the progress of the project and having control of the funds or draws from the rehab to make sure the project is progressing.

Many people have limiting beliefs, a mental barrier that prevents someone from achieving their goals or living fully, so they sabotage any hopes of progress through words or actions.

The bottom line is that you'll want to learn from someone for the first handful of deals and progressively take more and more on yourself until you can fly on your own.

I welcome any guidance, mentoring, and potential partnership opportunities as we progress in our journey.Thank you for the opportunity to connect. 

So I'm a fan of buying in the path of progress from here since it's starting to expand outwards into cheaper neighborhoods.

We are not the right choice for everyone, but we do help hundreds of investors every year start and progress their investing goals. 

There are so many variables and some of the biggest misunderstandings come from regional variances on how these variables are handled (mortgages & financing especially).I had thought progressing towards multifamily and then commercial was the obvious path to follow, but one conversation changed it all.

Unfortunately looking like this specific deal likely won't pan out; seller is definitely not motivated to offload quickly/discounted based on their replies.I found a realtor through BP who I'm now working with to find a property, so progress in the right direction!

Depending on how this progresses, I may be making the North Carolina Attorney General aware of the situation.Hope this helps!