Neil  cool and what do you expect the effect for real estate investors in this market?

The most important factors a hard money lender will look at, if you don't have experience, is your liquidity and credit score & history (as well as your background -- no liens, judgements, foreclosures, bankruptcies, etc).I would hit up @Michael Cid -- he's a tremendous resource and is a direct lender. 

Not to say this is bad, but depending on where a company is in their lifecycle, there are groups that can raise $10+mm and have never gone full cycle in a deal, thereby making it challenging to have $1mm of liquid capital available.Timing of closing: again, many larger check investors have multiple sign-offs.  

I’m from Ecuador too, so it’s cool to see someone with a similar background getting into real estate here in Charlotte. 

cool sent over the ADU contact as well as engineer and architect!

that’s super cool that you are ur own realtor- that’s smart! 

Examples of liquid assets that can be used for a contingency fund include:Cash in a bank or savings accountStock or bond investmentsCash value of an insurance depositMoney in a 401K, IRA, or other retirement savings accountCertificates of depositLet’s say your monthly payment for a mortgage is $1,500.

HI Ryan,Personally I recommend just sticking with hard money,It gives you flexibility on the acquisition price, liquidity and a line of credit to fund your rehab.

If your parents are worried because of your age, bring one with you and it could be a cool thing to do once a month together.

.- I don't care if the investment is less liquid vs. an ETF or REIT and I would aim to hold it for 5+ years at the bare minimum.Some other questions I had and would appreciate any advice:- Is an average minimum of 12-15% irr reasonable for syndicated deals ($10mm - $100mm) with an experienced sponsor?