He is right, guarantee or not, Joe owes you the money back

The approach involves using a hard money lender (HML) to fund 75% of the purchase price while having the seller carry back 25% in a second-position loan, allowing you to flip the property with little money down.

With companies pouring money into EV and semiconductor production, job growth is picking up, which will only increase demand for housing in the long run.

if you have no money to put down then you're not ready.here's what i would do instead:-save up enough until you have enough money to do a live-in flip-do a live-in fliphope that helps

I don't believe raising QOZ money for entitlements that would be resold 6 months later would pick up traction.

Network, find some money. 

You don't need to make all your money on your first deal, but you do want to make sure there is a second one.

For a true investment property, you'll be lucky to make a 10% IRR...so it would probably be better to invest that money in a 401k or 403b instead.

Technically he can borrow money against the property.And, if he is not honest, he can sell the property multiple times.Since the deed isn't recorded, no one would know. 

I called them the next day, and they wouldn't give me my money back because they said that whoever accessed my account was given the password.