All Forum Posts by: James McGovern

 The interest rates for private lending will always be higher when compared to a bank. I have found that private lenders are much lower compared to hard money though

Wholesaling is different all across the United states. Foreclosure auctions is the primary means for me to acquire. Maybe it is because I have not met a world class wholesaler.

The builder doing their own inspection and the buyer has to accept it feels like a major conflict of interest...

Would love to understand any Jedi Mind Tricks to convince other investors at an auction to not bid. Any Psychology guidance is greatly appreciated.

Looking to network with Investors who have experience with Land Banks throughout Connecticut. Which cities in Connecticut are easiest to work with? Which ones are the most painful? What are typical gotchas?

I identified a lucrative opportunity to lease a property to law enforcement but have no idea on what legal clauses others in the past have included in their agreements. Looking for suggestions...

Before getting into real estate, I dabbled in Information Technology where the concept of open source software runs strong. I am thinking about creating an open source project focused solely on building plans. Has this been done before? It would be my way of helping other professionals become successful without having to reach as deep into their pockets as the current marketplace approach affords.

Any reason why I should not create open source building plans?

 What occurs in the 7-10 day period that takes up the time? How much of this is processing wait around time that a borrower can accelerate through?