One of my favorite programs can finance property values down to $75,000 - however, I've had exceptions granted for clients with lower values as long as the loan amount stays above $50,000.

So maybe she didn't realize how big a favor it actually was that she was asking.  

As our longtime "favorite city" I have stayed all over the place there and have never had a hot tub, and it didn't phase me one way or the other.

What I'm trying to understanding better is creative financing, analyzing the surrounding markets, making connections, and many of the other industry-specific concepts that can really only be learned through real-life experience.The idea of REI came about between myself and my friends because one of them has access to a large amount of capital that he received from his parents as a gift.

So, putting one and one together, my fear is that you'll find yourself in an unattractive location with plenty of competition so the risk is you'll have to rent very cheaply to get occupancy and there's no guarantee that even that will work.Brandon and David keep repeating one of my favorite sayings in the BP podcasts: "How you do anything is how you do everything".

From the tax standpoint, unless you signed a contract entitling them to partial ownership or income rights on the property, you essentially gave them a gift when giving them the funds from the sale.

But the equity capture  is my favorite part of the BRRRR.

They pretty much do exactly what you are looking for.This or you can get involved in a "pooled" investment (not my favorite option) but depending on the deal this might work as well

They are:* A welcome email and invitation to join our group's monthly drawing for a gift card* An offer to help any way I can (recommendations for things around town, etc.)* An offer to send them my vendor list (this one gets HUGE response)* An offer to join Homebot for their homes here or up north* A question of who keeps them up to date on the sales in their neighborhood and an offer to be that person.

Asking my favorite PM @Lorien Rollins