Hi Shane, I want to tell you something from my research because it seems that we've been doing the same thing when it comes to educating ourselves on RE.Given that you already have 20k, which is around half of the down payment, try to leverage family and friends as private money lender in order to complete the down payment.Second, depending on how long you had your primary, assuming that you did not cash out anything from the equity, you can try out this option ( no need to cash out all, just cash out the amount that you need to make this deal happen).just my humble opinion based on what I have learned!

I believe their real estate holdings was based on economic value.

I built my team of sub-contractors and now I focus primarily on mid-sized multi-family.

Immediately if you want leverage to be based off purchase price + verified rehab. 3 months if you want leverage to be based off new appraised value.

Or just adjust it up based on age?

I'm based in Seattle but have built a 9 door portfolio through turnkey and BRRRRs in the Midwest (Memphis and Detroit) and they all cashflow around 16% Cash on Cash.

Based on the financial piece, and I am not a lender, but getting rid of your Credit Card debt would be my first goal if I was in your position.

But they pay based off rental comps.

Very limited information is being communicated by sponsors, particularly those that used high leverage variable rate loans to acquire in 2021-2022, so LPs are commonly feeling left in the dark.

Hello, Been in touch with Von Finch Capital and looking at their offerings (Denver based syndicators) and like what I see but would like to hear from people who have invested with them.