But most of these bridge loans have future funding components where the lender will fund renovation work as the work is completed and add that to the loan balance. 

Future deals should include a 10-15% buffer for unexpected rehab costs.- You should consider some other lenders.

I've been thinking a lot about Florida and I believe it's a great state for future potential investments such as purchasing and renting out (utilizing the BRRRR Method Of Course).

Large Metros get this.You should be looking in growth markets which have higher cap rates - but the future projection is they will decrease.Mid-west for instance. 

This is my first investment of this sort and it has not worked out how I originally intended but I am learning from my mistakes and will be making better decisions in the near future What made you interested in investing in this type of deal?

@Raul VelazquezCongrats on deciding to do something proactive to create a better future for yourself!

@Chloe SalcedoStarting your real estate journey at 23 is an incredible opportunity to build a strong foundation for your future.

With the idea you get your 6k back when fund deal/deals  MLM all the way sell the futures and the deals that Cogo did pay me off on as you stated took forever to fund and the rates were even higher than mine :)  Its just a very good Guru selling his stuff we all know they make the money selling the 6k how to become a lender. :)  

Not sure how close you are to the partner but you may want to work with someone else for these kinds of rehab projects in the future. 

I spent a year trying to find what I was looking for, wanting business planning and tax planning and legal assistance working cohesively to plot out my best future course.