Don’t fall into the trap if someone assure you that is gonna happen.

The fallout from the crash has pretty much assured that!

And the best reason is that by coaching you, he/she will also benefit (financially of course) A few years back, I was able to structure a win/win with a fund manager and learned from him how to raise capital using different electronic platforms, (the paperwork and contracts alone that I got from him saved me over $25k) and I also learned how to structure the contracts with established developers with certain assurances for delivery of end product.

Barring hard money lenders I don't know of any way to 100% finance a purchase and a remodel without using either personal equity or personal assurance.

This information really assures the lender that you are not going to walk away with their money, no matter how many deals you have under your belt.

US Assure (formerly Zurich) has a pretty aggressive program in most markets.

Hard money is not long term money and you can get trapped without an assured exit strategy.

I use to do this regularly to leverage the next deal, it gives the note buyer further assurances....I've also simply used the note as collateral for new money and kept the note and assigned the payments.

The reason for my post is to assure someone who is getting started  that there is an absolute ton of conflicting information and ideas out there.

The lesson seems to be more about deal structure and taking steps to be assured that I have an out to take over the property if the original investor is not performing or have some type of collateral in position that will be used as a guarantee if defaults.