Additional Advice for a First-Time Flipper / BRRR HybridAnything you wish you had known before your first value-add project?

It’s better suited when you need flexible terms or when senior lenders restrict additional borrowing.Investor takeaway:Use mezzanine when you want leverage without giving up control.

I'm thinking about brining on a family friend as a business partner to split the work and bring additional capital, but I don't necessarily need them...This is obviously a big ask on a first time house hack, but would love to hear if anyone has ever heard of people successfully executing this strategy?

I got it down to $22k and addition $750 cashback using cashback sites. 

That can make it an efficient way to access equity without triggering capital gains or additional tax reporting.

“beware of requirements for additional title insurance beyond the cos of the property and the buyer named on policy.”To clarify, lender's title insurance covers the amount of the loan, not the cost of the property.

They also offer 5 years of additional warranty on appliance for 10% of the purchase price. 

I'd add that because wholesale deals are more likely to be atypical in some way (for example, they wouldn't pass a normal inspection, or are in worse condition than normal properties, and sometimes close faster than normal), some wholesalers or real estate agents that work with wholesalers will try to throw in additional junk fees to take advantage of the buyers lack of experience.

Additionally, the California FAIR Plan can provide temporary coverage while you secure a traditional policy.

I recently converted a detached garage to a separate dwelling (ADU) that had its own permit and CO, and took action going in to make sure that it got considered both separately and in addition to the main house on the same lot.