After failed buyers, I secured a family loan, closed, and became the owner.

They offer the most security and teach you how to manage tenants, maintenance, and financing without depending on market cycles.

Here’s what I include in my lender packet:Deal overview – address, photos, ARV, compsPurchase & rehab budget – detailed scope of work, timelinesExit strategy – flip, refinance, or rental (with estimated profit or cash flow)Security – how their loan will be protected (typically a promissory note + deed of trust)Track record – short summary of past deals or team experienceTerms – what I’m offering (interest rate, length of loan, points, payment terms)The key is transparency and communication.

Thats where one get's the security from in a STR; that it's something special, unique, an experience. 

Sometimes it’s not just the price, it’s the presentation.Rental owners often come to us to refresh their online presence with stronger messaging, photos, and web visibility.

Anticipate something going wrong and have a contingency plan before you leave the safe and secure W-2.You can also make a career change to a real estate-oriented job to do real estate full time, but I don't know if that is what you have in mind.

Thought I’d open this up to hear how others are handling it.If you've had a deal under contract recently — whether for a fix & flip, buy & hold, or BRRR — how did you go about securing funding?

Horizontal loans in particular are very tough to secured from local banks.

@Taron Wright if your investors are passive it is a security.

I then made another agreement stating that they would have to finish 6 months rent and lose their security deposit.