@Sean SabinOn the BRRRR projects I do, I borrow the purchase and rehab money.

She's asked me about project managers and has considered whether she should keep it as a rental or sell it when she moves.

My wife manages construction/rehab projects and is an agent.

We knew finishing construction would allow the borrower to have significant equity in the property so we worked with the borrower to get the project completed and fund the completion of the project.

my model is toggle based either using actual numbers or airdna projections; if it's projections it's predominantly based on revenue rather than ADR X Occupancy Rate, thus the fee deduction should theoretically address the occupancy rate concerns 

That can impact tenant experience and long-term asset condition.From an operations standpoint, financing doesn’t just sit in the background — it influences how aggressively reserves are built, how capital projects are prioritized, and how much flexibility there is when unexpected expenses hit.

100% financing usually isn’t about finding a company — it’s about structuring the capital stack correctly.Most lenders cap at a percentage of purchase or ARV, so JV structures typically depend on sponsor experience and deal margins.Is this for a first flip or do you have prior projects completed?

Currently, still working with them in my next project. 

Hey Ariel — nice work seeing that project through and being organized enough to keep your LLCs separated.

It sounds like you may have started with a couple tools on your belt and as time has progressed you have increased the amount of tools and projects you feel comfortable with.