From podcasts to forums, you’ve all helped me learn, save, and build the confidence to take this step.That said, I’m reaching out to ask for advice.

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

Hey Themis, it sounds like you already have a solid foundation in real estate from working in the commercial industry, so it should be a pretty smooth transition into doing your own investments.I would put a lot of focus on building out your team of contractors.

Readers should seek professional advice.

I would greatly appreciate any guidance or advice starting off with this business model.

Any advice on how to find reliable gap funding sources or make it work within your deal structures would be greatly appreciated!

Matt that is the NMLS number for the company not for you personally  sounds like your a VA or something not a licensed lender..

It makes sense now seeing that its more about ongoing duties after registration.Were I in a position to pursue syndication, I would certainly follow your advice and seek an attorney.

Do any of you have some advice for this initial flip?

Any advice or recommendations on where to purchase a long term property for rent are appreciated!