Great skill to have down the road with rental properties.

The major benefit for you is knowing how long and labor intensive these remodel projects are so you will not be overpaying for skilled labor.

With this being said and speaking from experience, if you are interested in getting into the sponsor or manager role of a "syndication", start with something you feel attainable with which allows you to build those "syndication" skills and grow upon.This simply means, rather than jump into a large syndication, perhaps run lead or sponsor on a sfh, duplex, triplex or quad acquisition.

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?