I'm now in panic mode because I just got a 1 review, which wiped back over 3 years of progress.

Tightening focus, protecting capital, and sharpening underwriting is progress—even if it doesn’t feel like it in the moment. 

I thought doing HELOC would save money and time bc there's less fees and you don't have to go through a whole new loan application again.

As we progressed into the 4th week of the course, more classmates had the same situation as me that they were finding it difficult to get pre-approved loans from hard money lenders and banks.

Pay a pm and the profit is significantly reduced 4) path of progress.

No progress.

If so, what was the stated timeline at the time of investment, and what communication have you received to date regarding progress, delays, or changes to the business plan?

Posting it here in case it’s helpful for anyone earlier in the process to see how I progressed after this.https://www.biggerpockets.com/forums/922/topics/1272968-refl...

I'll network with other investors and make some progress with my process.

Is it limited to certain applications (i.e., development versus value add, etc.) or asset classes.