Most investors, particularly new investors don't understand this and believe they can hide under the cloak of secrecy for additional fees and there are slick attorneys out there lining their pockets selling the platinum level car details to the owners of 1995 honda civics with a rusted hood and 4 mismatched donut wheels.

I’m a local investor friendly agent over here. 

Purchase price: $1,410,000 Cash invested: $282,000 16 unit major value add off market multifamily apartment purchased in June 2022 without any investors or outside capital.

Thinking outside the box: You could branch out and look for a partner/investor to pay for that LOC.

Im an investor and agent going through the same process George with property in Phoenix, Mesa, and Glendale.

Maybe think about a legal agreement outlining all these “what ifs.”Overall, it’s not a terrible idea (not something I would likely do as it could go sideways though), especially if you’re confident in the property’s potential.

Is this method a commonly used method by investors?

At least $2 million of this payment came from investor funds.

"Your success as an investor will be determined by how you respond to punctuated moments of terror, not the years spent on cruise control." - The Psychology of Money by Morgan Housel In real estate, it's not the smooth sailing that defines us, but how we navigate the storms.

Get out and rub elbows with local investors by joining a local real estate investor group.