@Caleb Jordan  No real feedback other than you picked-up a lot of experience on this deal that will carry forward to future deals.Most folks out there would have over-spent on the house purchase, over-spent on repairs and then lost 10-20k on the sale side. 

Was just looking for decent leverage , minimal risk  Ended up closing with Walnut Street Finance within 5days of clear to close from sellers..

And be sure to check with folks other than your family banker (where you carry all your accounts) - you'd be surprised how much price / term shopping can save you on your first few deals.Best of luck to you and I look forward to following your journey!

As I was inquiring the interest went up 1% they claimed it was a "normal" rise due to the risk.

Available lines of credit and a steady stream of extra money from your w2 job can’t mitigate that risk .

Gibson unless you are very game for a challenge then for your first deal I wouldnt take on the risk and the headache of new construction or such a large rehab.

There are so many ways to fund a deal, you just have to make sure you are getting a deal worthwhile with plenty of margin.To answer the question as to how you can fund a deal without using your own money, it is simple, you just make the risk worthwhile for an investor.

SFH properties are at high risk.

Lots of distressed sellers and they don’t carry any risk or need financing.5.

Do not underestimate the risks that brings with it.