I am a newbie living in the Spring/Woodlands area and looking forward to learning the wholesaling skill. 

He is a skilled graphic designer and it took him almost zero time to do this. 

I know my numbers, have the subs and the knowledge of the local labor market along with the remaining manpower from our contracting company in addition to my skilled labor daily working on the flip and managing the project.With the knowledge that I would be looking to raise roughly 75k and having 5-8k in the game ourselves for a 6-8 month flip from close to close, what would be fair rates either interest wise or even equity wise from a private investor(s) IF we are also willing to back the investment with a free and clear, cash flowing property as additional collateral to effectively de-risk the investment to almost 0 for the investor.

Lenders will be local commercial banks and you will need to talk several of them as they all have different appetites rates and terms.Land development is a risky process that requires very specific expertise and skills that as well as deep pockets.

Essentially, we are not trying to make all our money on our first deal, but we are trying to develop the skills needed to make great profit on our 2nd, 3rd, 4thdeals.This deal is a Single-Family Home (SFH)Brick ranch3 beds1.5 baths1150 Sq Ft.In a B- neighborhood.Some numbers to start with:List Price - $99,000Purchase Price – $88,500ARV – $115,000 to $120,000Estimated Rehab Cost – 15kRental Rates – $1000-$1200Rentometer Pro say average rent is $1125 for this address.

Do what works for you and your skill set. 

@Leonard Wade McMillan Do you have the time, hustle and skills to BRRRR? 

Use the time you'll need to get the money together to learn about personal finance, trim your budget, and start learning basic renovation skills, including what you need to do for your bathroom and your kitchen so that whoever you hire to do it doesn't rip you off.

Most people are not skilled enough to pick a good property manager, in my opinion, and will only realize they have a bad PM when it's too late to matter.

Although this past summer I partnered with some people including a neighbor of mine who is an AL admin, to offer $3.5M on an actual skilled nursing/AL center, we didn't win the bid though.