In exchange, offer them a small principal pay down amount (start at 10% of the principal).2.

I've sent a colleague request so we can exchange info.

If you want to be even more precise, subtract off closing costs and all the preliminary costs like inspections, dewinterization fees, or surveys.

This is my attempt to find someone that I can exchange knowledge with.

Consider taking a higher rate in exchange for lender credit.

Awesome story, Bobby, sounds like you've been able to take advantage of 1031 exchanges and scaling up.

So anticipate your $70,000 being about $45,000 unless you are using a 1031 exchange if you sell.  

My goal here is to do a 1031 exchange and claim the single family house as a rental property but i want to live in it in the future.

Perhaps be their private money lender at a lower interest rate than a HML, and in exchange, you will be helping them supervise the project and learn from them.

But then once the rehab and refi is done, it’s handed over to the PM and you just enjoy the cash flow.I like to think that after doing this a few dozen times, I’ll be able to slow down and maybe start 1031 exchanging to upgrade my cash flow every couple years.