The settl4ement was private, but I bet it was at least $400k knowing the attorney's involved, maybe more. 

We remodeled and remarketed the property to entrepreneurs and business professionals who want a coliving/coworking community.It was perfect because each of the 12 bedrooms had its own private bath and we created community areas.

We're looking into some CRM solutions as well to manage private lenders, commercial lenders, deal funnel, etc.

@Jack SeidenGreat question: I am 60/40 stocks and real estate right now, excluding my primary (my investment in BiggerPockets as a private business). 

How about a fine for those who use ChatGPT to write those generic threads like “How to Get Into Private Lending” or “How Great Private Lending Is”?

The property is gated so many rent out all 12 bedrooms and bathrooms for parties, retreats, anniversaries, team meetings and special celebrations.It's private and perfect for those who want privacy when they need it and company when they want it.It has appreciated and is now worth at least 3 million and we are looking for funding to refinance and share the profits with our investors.

Sometimes it can be better than a bank, private lender or hard money.

Renovation costs would need to be financed separately.Private Lending or Hard Money: Use a private or hard money loan to acquire and rehab the property, then refinance into a joint long-term loan.Seller Financing: Negotiate terms directly with the seller for a flexible financing arrangement.Final ThoughtsUsing an FHA 203(k) loan for your first property is a smart move, and with the right partnership agreement, you can still achieve your 50/50 goals.

These covenants are private agreements put in place by the developer or builder.

You would want to find a private money partner for this who wants in on the deal.