That’s a massive undertaking for a first deal. 45k can be 60-70k real quick when dealing with foundation and other stuff like this

My only problem right now is that I feel like I don't have enough time and money to take on more than one project at a time. 

Expected rate to return will depend on Investors Strategy independent to project.

This has allowed us to get rid of PMI and utilize a HELOC for any future investment purchases in the future.My best advice for you would be to find a local real estate agent who is familiar with what you're trying to accomplish, a lender who can offer renovation financing (and navigate it smoothly, as sometimes they can be more complex), and a contractor who will be able to take on this type of project with the bank.Best of luck!

She will allow me last look on the property if I can get comfortable enough with this project in a hurry.

So I am working on this project that once I am done will be cash flowing around $5000 per month after all expenses are paid.

I am currently reading as much as I can on BiggerPockets, buying every book I can about creative investment, finding and funding projects.

No, that's not how hard money works, that's where the traditional banks play.You are looking for a bridge loan essentially, something that will bridge your project to traditional financing.Bridge Plus from Lima One Capital as a for instanceThe spirit of the BRRRR is two loans:Take your hard money to do your rehab, they will finance a portion of your repairs as well.

We are enjoying a massive boom.

But now I have to pay them off within those 7 years to avoid massive interest rate jump.)