You can't just take what you paid and start charging interest on that figure, because part of what you paid was already accrued interest.

Not sure what I did wrong, but it appears I am not able to start a post for questions, but looks like I can answer post fine. 

Raising money is all about marketing and sales (not real estate specific) so either hire marketing agency and read sales books, or hop on some LinkedIn courses on marketing and sales.Not sure the legal structure to use: talk to accountants and attorneys.Need deal flow: talk to brokers and go to a lot of networking events.Lending terms: start calling banks and loan brokers.From there, it is all risk mitigation. 

Start with why you want to do this.

I started a couple of months ago and would love to grow my network!

Just would like to start building relationships with people In the Phoenix area as well. 

Hi Aidan, when you first started you can create your partnership agreement per deal depending on what your end goal is for the property. 

Start with BiggerPockets Ultimate Beginners Guide (free).

Thanks for this perspective too @Aaron Zimmerman Based on this info above, I am starting to lean toward the $400k in cash versus the cash flow.

We have renters there now and they cover the mortgage with a bit of cash flow ($100/month), but the property is going to need some more major updates (windows, roof, HVAC, siding) within the next 5 years as they are starting to be at the end of their useful lives.We would like to pay off our primary residence as quickly as possible to “free us” from mortgage payments on our primary residence.My questions are below:1.