Use an app to share pics with the lender and then get them to approve the draw in 24 hours, have the money by 48 hours after request.Some lenders still use the forms version where you email in a request, fill out two short forms, they send an inspector out to take pics, inspector prepares a report and sends to lender. 

Happy to share my experiences and chat with you more if you're interested.

If the latter, and it is a common roof, over some shared walls, what happens when your neighbor doesn't have the money to keep their roof in good condition, and the leaks work their way to your property.  

The long-term benefits seem promising, but it's a considerable leap.Delay Action and Save More: Alternatively, I could pause any immediate investment, focusing on boosting my savings for a larger down payment on a more significant property next year.Your experiences, insights, and any advice you can share would be immensely valuable to me.

I can't wait to connect with like-minded individuals who share my enthusiasm for life-long learning and risk-taking.

/shared/-MNVioVAmX_-taJu90LZThanks for your feedback.

You can share here any real estate investment tool that has impressed you recently 👇

It would help if you shared details about the property and not just the report sheet

I’ve been intrigued to start my journey for a while and have been doing my fair share of research from listening to plenty of podcasts and reading books to really prepare my self and see if this is truly something I want to do.

It is amazing to me how many people will trust their hard earned money with someone that was in middle or high school during the financial crisis.Beyond this initial search:Experiencetrack recordBusiness PlanAsset typeProjected returnsFinancial StructuresRights and remedies in legal docsRedemption rightsSupplemental Capital CallsOperations capabilitiesOwner/Operator or capital raiser for othersK-1 TimingUse of bonus and accelerated depreciation1031 optionsVertically integrated or outsourcedExperience of team through multiple market cyclesBackground, if any, prior to real estate and syndicationProjected returns net or gross of fees and carrySeeing full financials of current deals with budget vs actuals (if syndicator does not share, or only shares P&L delete their contact)Color on deals that went sideways or lost money and whyMarket analysisColor on why they like that dealRisks of the deal, as they see themDo they have third party audits, ideally from one of big 4 firmsAre they a fund or single asset?