Then I've interviewed all the GCs to make sure they were competent, organized, liquid enough to pay their crews until the draws were authorized, and not surprisingly, I needed to make sure they werent going to "man-splain" me because I'm a woman and a new investor.

Hard money: “The Pros and Cons”Pro-All CASH Transaction-Quick Closing Times (<14days)-All “Rehab Cost” are covered in Loan-Lower Leverage for Buyer and more Liquidity-Flexibility to buy Distressed and Value-Add Properties-Loan based on Property and underwritten so Borrower is Profitable-Does not show up on Credit Report-No "DTI" (Debit to Income Ratio)CON-Higher interest rate than Bank-Shorter Repayment Schedule (<12 months)-More conservative evaluation of the Property’s Value-Not doing your research and working with a “Bait and Switch” Lender (check out our post on this)Real Estate is one of the most dependable and powerful ways to grow your wealth.

Hard money: “The Pros and Cons”Pro-All CASH Transaction-Quick Closing Times (<14days)-All “Rehab Cost” are covered in Loan-Lower Leverage for Buyer and more Liquidity-Flexibility to buy Distressed and Value-Add Properties-Loan based on Property and underwritten so Borrower is Profitable-Does not show up on Credit Report-No “DTI” (Debit to Income Ratio)CON-Higher interest rate than Bank-Shorter Repayment Schedule (<12 months)-More conservative evaluation of the Property’s Value-Not doing your research and working with a “Bait and Switch” Lender (check out our post on this)Real Estate is one of the most dependable and powerful ways to grow your wealth.

Report the property as multiple schedule E entries in TurboTax, unit 1 where you lived part of the year and then unit 2 or 2/3/4 for the 100% rented part.

@Sebastian E.

The stock market is like liquid fuel and ignights and burns 100x faster then real estate.

@Nick TaylorYes, you can use a self-direct 401k but again if the money is in stocks/bonds you can't use it until you liquidate those stocks.

Comps are send to the appraiser with the e-mail outlining key points.

I recently interview another syndicator on my podcast and his favorite real estate quote was "do not wait to buy real estate buy real estate and wait".  

Your partner would need to satisfy the mortgage brokers  liquidity requirements, have the net worth equivalent to the amount of the loan and someone on your team will need to provide information that they have 24 months of experience with Fannie Mae and Freddie Mac loans and have managed properties of equal or greater size.