All Forum Posts by: Timothy Richardson

@Philip Ing Hi Philip, I'm from Collingwood and if you find anything in that area, and the numbers are right, I would be the 1st person to tell you to jump on it. It's a great area to invest in.

Thanks guys I appreciate all your responses...@Jeff Lezark I intend to have some skin in the game. Any suggestions with working with contractors as far as negotiating and leveraging the fact that I am using hard money? 

I'm doing my due diligence on HML'S in my area and pretty much they are all along the same lending premises. My question is about when the money for rehab is being phased out. I know it is wired after their inspector reviews the completed work. When working with a contractor with little funds how do you as an investor or how can you negotiate for them to start the work, pay for materials, and complete the work so it can be inspected so they can get paid? I know some contractors have accounts set up with vendors, manufactures, ect...can you leverage the fact that you are dealing with hard money and that contractors understand the process? Or do you HAVE to come out of pocket in this instance? (I know I asked a few questions lol but...)

 Thanks James, greatly appreciated boss!

Yes, I am new to this but I indeed to remain true to this. I have been reading and reading and listening and doing even more listening. I am ready to take what I'm learning and apply it. I know that being great is just a few small things done daily so everyday I intend to become a little better day to day until I'm great at investing.