Hi there, I want to start by thanking anyone who can weigh in here. 

One team is doing all the work. 

As a Private Money Lender, I had the resources available to broker a short term loan to buy, fix and hold.

I'm new to BP and trying to build a team as I dive into more frequent and long-term profitable REI.I've been doing SFH rentals over the last 15-18 years, but it's all been very traditionally financed (ho hum, 30 yr fixed) and as such has limited my ability to invest more frequently, and grow a portfolio.I'm here to learn how to use more creative financing strategies (private money lending, Sub-to, seller financing) to acquire 2-3 units (duplexes, tri) and 5+ multifamily properties. 

Buyers, this is your moment—especially in the condo and townhome sector, where inventory is booming.

After closing, I quit claimed it to an LLC.Does this sound familiar? 

I rented my house to a tenant.

Unless you have an immediate need for the cash I'd wait until I could pull out the extra $40k. 

Terms on these property types have fallen considerably in the pst 1-2 months where earlier in the summer interest rates would have been above 7%-8%. 

Basically just doing only the necessary and putting all appliances myself.