However, during my time managing renovations for the hedge fund, we were completing over 100 renovations a month and needed detailed, visible checkpoints.

While it can be tempting to jump right in, the best thing you can do is build up an emergency fund FIRST and then start working towards securing a property.I do this by working two jobs, may not be the most exciting thing to hear but hustling for a few years to achieve financial freedom in the future is worth it.

Ive funded the ground up build of my primary with a cash out refi from the one that I use as a STR.

Real estate deals comes down to two things: Finding deals and Funding Deals.

Also, they could raise HOA fees and hit you with special assessments at any time.

I’m thinking of using some of the refinance money to start the garage conversion by doing the portion where the roof needs to be raised which is the hardest, most expensive part.

We are looking to bring someone with money to fund our deals, but don't want them to have a percentage in the existing LLC.

This strategy allows investors to start building equity and cash flow while minimizing personal living expenses.Networking and Education: Many investors begin by attending real estate networking events, joining investment groups, or taking educational courses to learn about different investment strategies and opportunities.Creative Financing: Some investors explore creative financing options, such as seller financing, private lending, or using retirement funds for real estate investments.Turnkey Properties: Investing in turnkey properties can be a straightforward way for new investors to enter the market.

Hello, i am looking at using a HML to fund my construction of 2 homes.

Refinanced after main house was finished and used those funds to build the studio.