are you creating a meetup or running it through BP or what?

Not sure if this will be worth the time and money it will take to get this certification and insurance policy along with whatever else comes along with it.

They put the money down and you do the work (finding the deal, overseeing rehab, maybe management) and split the equity.

I’ve done several deals and have made a lot more money than I expected.

I have 3 ( 1 condo +2 townhome) rental and one primary home (single family ) all in San Diego and for my rental portfolio of buying with my own money i am done.

I don't have a whole lot to put down but I do now make six figures in my current career and have extra money to start saving each month for whatever expense may come about.

It's a hassle-free way to get going and start making money while you build your team and learn the ropes.

You also have to consider loan amounts typically need to be above $250K will carry a 3-5 year prepayment penalty.The biggest thing I see is loan officer are quick to offer a pre-approval for you but the fail to run the DSCR/Rents ratios up front.

If you hit the ground running you can turn a unit or a building around quicker and get yourself to renting sooner. 

Because the more money you have in the deal the higher your risk.