Hard money loan How did you add value to the deal?

Then I started listening to BP podcasts and other real estate investing podcasts and became interested in investing the money we have to work for us.

You should have a 593 form from escrow that they held some money back, and then anything above what escrow holds above and beyond that amount your CPA will calculate to pay next April or October 2025 (depending if you push back the deadline/file extension).

@Joshua JonesThat low amount gonna be challenging- my recommendation is to focus your time on doing what needs to be done to save $10k of money so you can start buying with your own funds

Do you have money to take care of the inevitable problems that will occur.

You can't really go wrong either way; but you will make more money with the 16 unit. 

You can just tell the closing agent that you want your commission to be credited towards the money you need to bring for closing.

Private money and hard money loans are also available.

You need to be putting away money each month for Cap ex.

It was intended as a fix and flip, and our original exit strategy was reached. we bought with hard money then did a refi to convential because repairs became drawn out and rented for some cf to by is time. we ended up selling for 405,000 and our loan balance was 235,000.