Basically.....You invest the $50k-$60k up front for a single-family build or $100k for a duplex build.BTR company creates an entity together to own the asset.BTR company secures lending and builds out the asset over the next 6 months.Once it’s complete, BTR company refinance out and you get your $50k back + 16% at that point (or $100k + 16%)You retain 30% equity in the asset going forward (and therefore 30% of the cash flow or profit upon selling)Exit: 6-7 years once BTR company packages it and sells it to 4.5 Cap rate to Wallstreet. 

Purchase price: $570,000 Cash invested: $175,000 Purchased this rehab property in April for a building that is widely overlooked if you don't know the area.

Purchase price: $425,000 Cash invested: $23,000 Sale price: $510,000 My first lipstick flip that just needed updating from my REO lender.

Looking for a LOC that I can get in and out of quickly and easily as I find deals and then cash out of deals. 

+Use the cash to buy something.  

Be aware that it is a hot market in PR (still hot) and sellers shy away from offers that are not all cash. 

Just trying to get a better idea as to what the financing process was like for you experienced investors, that did not do all cash. 

If your in an area with a lot of investors who want to maximize cash flow or where first-time home buyers need more income to get into a starter home, they might have a higher value.

The main purpose of my investments is to put cash some place else, just anywhere but cash.

Unfortunately the high interest rates makes finding a cash-flowing deal quite difficult.