We are your Boots on the Ground local project partner that knows the ropes and has the track record to back it up.

Looking to pull capital out to move onto other projects I have in the pipeline.

This investment property was financed through a locally trusted and long time friend that's a hard money lender with an 8.5% rate .I acted as negotiator, real estate agent, funded the purchase, and project manager for this rehab while partner was out of town working and kept him updated remotely.

This investment property was financed through a locally trusted and long time friend that's a hard money lender with an 8.5% rate .I acted as negotiator, real estate agent, funded the purchase, and project manager for this rehab while partner was out of town working and kept him updated remotely.

It’s not considered a good long-term debt instrument like you may have been taught, so without the equity there and ability to resell the property in the near future for a profit, there’s really no point in doing subto. 

Food for thought - you'll also want to consider your tax strategy and reported income through the lens of your future plans.

Plus the fact that you know zero about running a construction project.

I want to learn the systems that go into these types of projects.  

In the future ALWAYS send notice VIA writing (whether VIA text or registered letter) and not verbally. 

I honestly feeling very bad for LP that invest in such project/fund as making good amount of return is actually easy in residential duplex….