I currently have around 100k tied up in sticks right now which I would prefer to leave in and just continue to save with the plan of getting a place in the next few years, I would get a second job to raise the funds.

Lender wanted homeowner to sign something to recieve the funds.

It might be wise to sell it just from a management standpoint and reposition the money into some index funds and maybe another property in NC.

Greatly increased lending capital by transitioning from a ‘blind pool” fund to a series LLC / syndication model where investors know the property lending deal before committing to any loan and can “pick and choose” whichever loans they do or do not want to participate in.  

Whether you've lent money for an individual project, or you've invested in some sort of fund / group, I'd like to hear about your experience! 

I'd recommend you sell the place and put your money in a good mutual fund.

I fund their deals 100% they make money I charge nothing up front I only make money when they make money we get paid the same day off of the HUDs..

we did the first 3 in a 18 month period we used internal funds so no debt.. these were 350k to 400k all in projects.. so U need cash to be a spec builder or you need investors if you dont have cash..

I’d love to hear from others who have successfully raised funds for similar ventures and any advice on structuring such a deal.

@Collin Luckett  Just adding, if you have the ability to fund with your HELOC, it would be far cheaper than PML or Hard money.