Got a statement every month from a very reputable, conservative firm.

We saved all the money we could.

>> Private money drives our entire business model.

A clean, realistic scope of work and conservative ARV will go a long way in getting a lender comfortable.The other big lesson is that certainty beats chasing the lowest rate.

most all in the business HML have minimum loan sizes.. can you give some details on what your working with that could help you with finding someone here on BP.Purchase PricerehabArv  And if you bought it already does that mean you paid cash and your just looking for rehab money ? 

I typically use private money for my investments and BRRRR them.  

It's not wrong to wait and safe up more money, but you could also just do it. 

At a high level, you’ll want to understand:• land acquisition• zoning + entitlement• architectural plans• permitting• financing (construction loan vs hard money)• GC bidding + subs• inspections• certificate of occupancy + exit strategyOnce you understand the order of operations, everything else starts to make sense.2.

House hacking isn’t an option for me since I have a wife and kids and don’t want to move them around, so I’m exploring other paths — flipping, BRRRR, partnerships, private money, etc. 

If your timeline is longer, you might blend strategies by using a Roth IRA for part of your savings and a conservative brokerage account for the rest.This post does not create a CPA-Client relationship.