A bad broker will try and soak you and will never get back to you and won't be worth a dirty diaper during the process.If you deal with a direct lender 1 on 1 then the processing and handling of the process will be in your lap.Some common questions to ask:1) Have them send you their bridge loan guidelines. 

The cost of the right advisor initially is a lot less in the long when you pick a bad advisor.

There are also a lot of people out there that will hate on getting coaching, some due to the bad actors I mentioned, but some due to a commitment to do everything themselves.

You can buy cash and then use delayed financing within six months to get a loan that is treated as purchase financing.

Its treated me well all these years..

Kevin I’m not saying it’s a good or bad investment and this is nothing against your personally but at some point you will HAVE to fully dive in and fully understand the scope of your investment whether it’s turnkey or anything else if you are going to a chance at ‘controlling’ the outcome you are seeking.

If a single partner pays the mortgage personally, the payment must be treated as a contribution to the partnership, as specified in the partnership agreement.

While I am extra nervous I am trying to make this an investing opportunity and decided to house hack or buy a place to rehab which I can later rent - let’s see how the DC market treats me.Suerte a todos y un placer ! 

Purchase price: $160,000 Cash invested: $30,000 Took this home from bad to glam in 1.5 months for a healthy profit.

Because significantly less than 100% of your investment actually goes into purchasing or improving the property, and the property is purchased at retail value (or worse), your returns will badly lag any benchmark of direct property investment.  2.