@Tony Castronovo generally a private investor gets 1st lien on property (mortgage deed or deed of trust) a promissory note signed by borrower in which private investor states terms such as rate, term length ex. 12 mths possibly with option to renew, prepay or no prepay, points. and add private investor to insurance policy listed as "loss payee", along with a personal guarantee from borrower and have all docs recorded.Funds from private lender go into escrow at title company or placed with an attorney, closing docs with mortgage deed or deed of trust and promissory filed at courthouse signed and notarized.Private investor gets original promissory note and copy of mortgage deed or deed of trust and you get a lien for purchase price and rehab.Sell or refi after project complete, pay back private lender and keep what's left.Let me add there is no right or wrong way to do this as I have heard of many different arrangements but hopefully this gives you a general overview of the process.All the best!

I am at the fledgling stages of investing at this point - still doing a lot of reading/ podcasting/ posting but would love to hear some of your "war stories".

I'm new and I'm learning about the real estate  business so I'm in my buildings relationship stage.

I presently have two properties in the negotiation stage that I should have contracts on in the next day or two.  

But I just put 30k down for the current one so I at this point my money is in the rebuilding stage.

I've got nothing from TA and Booking.com payment arrangement just confuses me and my guests.

Then put arrange from 1000-1525sqft. then in keywords out the words “updated”and “renovated” and watch the search lessen - Then click search.  

Like, you're an up and coming real estate investor that can down the line (2-5-10 years) do deal so on a regular basis with them.And if you're at a nascent stage of your journey you can say that too and you'll always remember the people who helped you out in the beginning and do right by them, etc etc etc.

Downspouts with drainage arranged to diver water away from the house will be key. 

I have sent him text text message to let him know that I would be disposing the items and in case he need access inside to pick anything before I dispose, to please let me know so that I can arrange access inside the house.