But they have NEGATIVE CASHFLOW, until the day you quit investing.

We are unable to meet our financial goals.I don't usually speak ill of anybody but we decided we needed to make an exception.So be forewarned, fellow investors - there are disgusting people out there, running predatory companies with zero ethics - that will prey on investors and mistreat them in the name of "PRIVATE" lenders, right here in the United States!!

@Rob Ross Generally speaking there are plenty of opportunities in the 8% range, and a few that go higher.

Speaking to a commercial realtor in the hospitality space would help you figure out the best way to market and sell a property like this.

Because I live in a neighborhood that has no crime but it shows up as very high crime because we had two neighbors who would call the cops over each others dogs barking so it lit it up to show it as negative…

You and this private person you met hammer out the details of the loan at the kitchen table so to speak and you seal it with a handshake and your reputation that this Private Person already respects or whomever introduced has vouched for you.But if a man opens a lending company tomorrow with 50 Million of his own capital and he checks in on the HML market to see what it bears and he copies his products and UW guidelines and now is he PML or HML? 

How do contracts work in this situation? If we have our own assignable contract, how does that interact with an agent using their standard contract? I might be overthinking it, but I’m curious about how it all comes t...

What I ultimately decided on after speaking with many people in the business and bank customer representatives was to make a savings account for each deposit.

I have already had the pleasure of speaking with a few of you from Atlantic Canada here on bigger pockets. perhaps we can use this thread or create one to help with current issues problems or solutions to issues and challenges we face thoughts? 

Typically speaking we leave out front/side exterior photos on every listing, regardless of grandeur.Years ago there was a rash of thefts in South Florida where people were finding houses based on map and exterior photos and breaking in when vacant and clearing them out.