The real property investment can be repositioned if it proves disappointing in its original form; it can be refinanced or recapitalized if it has too much or too e pensive debt; inflation over time bales out many bad purchases, and finally the investors knowledge, experience and abilities can be leveraged to turn around a cash flow negative property.I’ll provide an exampleThree years ago we purchased a note from a bank secured by two auto repair facilities with a large amount of excess land.  

I am also a lender, with Chase Bank, but want to expand my knowledge on hard money and private financing options.

It's in a rural town so I'm also worried that demand might not be as high as in more densely populated areas.I'm planning to call local banks this week to understand financing options and contact some contractors who might be interested in building additional units. 

What does my purchase price and down payment need to look like for the bank to provide financing? 

You typically need up to two years of stable employment before a bank will loan to you.

I used a hard money loan for the bulk of it because, let’s be real, no bank was touching this place with a ten-foot pole.

It may create a problem for you later if your bank discovers the account is owned by an LLC that no longer exists.

@Jonathan Small government actions have led to an unprecedented 40% increase in the money supply, 50-year record inflation, record increase in interest rates, bank failures, credit tightening, CRE recession, housing affordability issues, mobility issues, inventory issues, and massive impacts to the world economies, every investment class, and our families, kids, and friends like never before. 

I also liked that they are US based as I had issues with my bank with the Finland based Hostaway.Finally, I highly recommend PriceLabs.

After I placed the 5 day notice on her front door, she text me the next and said she would pay the full amount so I told her to go to the bank and deposit it and she did so we are back in business.