I inherited a vacancy and raised the rent by $25 no problem (could have done $50!!).

You can read about my lessons learned on the other ones here:https://www.biggerpockets.com/forums/223/topics/217842-closed-on-250-apartments-in-houston-texas-yesterday-2-lessons-learnedhttps://www.biggerpockets.com/forums/223/topics/294621-closed-on-155-units-in-houston-yesterday-3-lessons-learnedhttps://www.biggerpockets.com/forums/223/topics/316836-closed-on-320-unit-last-week-6-ways-to-break-into-the-bizThis analysis looked at the investors who invested, in particular, looking at if they are new or returning AND how much each (new vs. returning) contributed to the total raise.Here’s the finding on this deal: 69% are new investors31% are returning investorsThe interesting thing I found is that the % capital contributed to total raise was almost split 50/50.

Was wondering if someone could help me with the best way to approach a family member to potentially fund a fix n flip investment while I do all the hiring of contractors n managing the property 

thanks @Chris Tan, i just wanted to make the distinction, wasn't sure if it made a difference.It just seems like an easy way to fund a purchase without having to deal with lenders (private, hard, banks) and without having to use cash.Thanks!

We purchased a 3 bed 1.5 bath home, 1500 square feet on half an acre:Purchase price: 66K; 20% down paymentRent: 850.00PITI: 390.00Vacancy: 10%PM: 8%Repairs: 10%Cap Ex: we have a separate account set aside for this that we fund ourselves and contribute to monthly.Rehab costs: 3K (paint, flooring, cleaning)Monthly cash flow: 222.00Cash on Cash return: 16%I'm happy to have our first deal done.  

I'm a licensed agent and I represent hedge funds and private investors here locally and some from out of state.

For the hard money / rehab I'm looking for 80% funding on the purchase and 100% of construction.

Currently living in Adams Point and was hoping to pick up a triplex but the area seems pretty expensive right now for multi-family properties unless you owner-occupy and use Just-Cause to raise rent to market rate after a year.

Now that said that can be all your funds, down payment assistance from approved Down Payment Assistance source such as your county, State, City Housing Assistance or gift from a relative.

However, I have found out that someone can pay via chase quick pay even though they don't have enough funds!