@Sarah Meyer I'd find a partner or leverage private money.

Now that conventional rates are going up it only makes sense to use a private lending institution.

Other choice is to just borrow from this private lender and not split the profits.

We financed the bulk of the deal with Hardmoney and then used a private lend to cover part our 10% + closing cost and monthly interest only payments.

Raising Private Capital by Matt Faircloth12.

And the dos and donts I really admire and look up to all of y’all plus I want to hear your story to how y’all got into investing and what career path y’all chose, you can leave a comment under this post and I will reach out to you or you can just private message me because I really don’t know how to private message people yet 😂😂😂, again I appreciate everyone on this app and I love bigger pockets for making this platform I love talking to people that’s smarter then me and know more then me, i’am not your average young person that thinks he knows everything i’am more of a listen and learn iam forever thankful for all of you for taking the time and day to respond to me ❤️

Remember these are the folks who seek out private landlords.

private lending How did you add value to the deal?

I hope they are not as new as you are.It sounds disastrously if there are 6 brand new investors going into their first fix and flip deal.If it is a fix and flip, You should create some sort of entity and request a loan from a private investor or hard money lender.Conventional financing is likely out of the door with the amount of investors and the likely condition of the property.Doesn't hurt to ask a lender if they would do it.Again would be a burden handing over financials/socials/sensitive information for 6 people for a conventional loan.

I've built a nice Excel sheet to track customers - name, contact info, where from, reason for coming, platform used (AIR/VRBO/Private) and gross/net revenues for each.