Are they given a JV-co-GP position for fundraising or will they be involved in the management of the property?

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

And lastly, market risks and mismanaged funds can also create major headaches, especially for those involved in lending groups.

Cash out refi only if the rental income significantly exceeds the monthly payment and you want liquidity to invest elsewhere.2.You can maybe do a HELOC if you want a smaller loan that doesn’t involve refinancing the entire house.3.

(no banks involved)2.

Prayers to all involved

Most value adds involve work   Some require specialized knowledge.Here is a list of why adding ADUs in my CA market is typically a poor RE investment:1) The value added by the ADU addition is often significantly less than the cost of adding the ADU.

I was just hoping to transition it into LTR and since we have newer furniture that fits the space well, it just seemed a shame to sell it all to do an unfurnished LTR, but again, I'm having a hard time understanding how logistically some of the details are worked out with that with furniture involved in an LTR.Thank you again for the support!

This allows you to test all the systems and the people involved.  

Make sure every dime is deposited into the trust account.Private lending, like syndication investing, doesn’t involve many transactions.