Then I was doing them in pairs--essentially doing mini-funds that acquired two assets instead of one. 

The "coach" they'll pair you with has probably done 1 deal and it was buying his home with a 3.5% FHA loan. 

., @Benoit Malige - Hey everyone.

I’m saying you are going to fall, learn to tie your shoes tighter or get a new pair.

Paired with low availability of homes to rent and buy, these prices keep climbing. 

That would go straight to my daughter's piggy bank.The remaining $2,530,349.00 would go into a mixture of Real Estate multifamily/hotel deals in Cincinnati, my wife's gofundme account...the "hey baby can you go fund me a new pair of shoes?"

Miller your in the right place hopefully someone on the thread in your city you can pair up with.

Folks will pay $500 for a pair of limited edition Nikes.    

So in other words, it places another experienced pair of eyes on your deal and the numbers behind it (assuming the hard money lender is legit, experienced, etc.).I think a HML is a great way to do your first deal as it provides you that second pair of eyes, is quick and easy to fund (most reputable ones are), they can provide you a proof of funds and even if your net profit is lower due to the higher interest rates and fees, getting a piece of the profits is better than sitting on the sidelines wondering "what if".

I rather pair with someone with education than no education.