In genral they are not patient enough to delay purchasing shiny things.

Purchase price: $185,000 Cash invested: $35,000 Sale price: $671,000This was our 3rd home.

I already have an investment analysis workbook built that tells me everything I need to know to make a purchase decision, NOI, COC, ROI, and if the property will achieve the appropriate coverage ratio to be funded. 

Are you purchasing a fix and flip property and looking for a hard money loan? 

Once I was deployed on a submarine in the North Atlantic and they helped my wife with a 1031 exchange on the sale of a home and purchase of 2 other properties.

I currrntly own a home and am renting it out, I am working on purchasing a duplex.

These are great questions and a great idea to do some due diligence before the purchase.

That ensures you don't spend it on other things and know exactly how much you have to spend on the next purchase.

I've been part of a mentorship group for the whole time, I built a deal team and I've been looking at purchasing a cash-flowing business utilizing SBA financing.

We've never used percentage-based criteria, like the 70% Rule, for purchases.