It's all about perception of if youre taking advantage of them whether they are blind or mentally slow.

Goes to show how 1) the perception of Detroit and it's surroundings are so skewed to the outsider and 2) how both economically and ethically segregated metro Detroit is.

There is an art to the perception of value that is consummate with knowledge and experience and extends beyond the numerical analysis.

I really have no idea what the preference is based on but I think it's just public perception to the uneducated person that city water/sewer is better for some reason.

Rates and fees are higher, terms shorter, and loans can be tailored to the borrower's needs rather than the aftermarket loan buyers and compilers.Hard money loans are a type of private loans, hard money lenders are private lenders but not all private lenders are hard money lenders.what Jon is describing as private lenders are actually peer to peer lenders; these are individuals, usually not too sophisticated, that have a few bucks to lend and will lend to a small investor/rehabber.

Doing loans without a personal guarantee with lame justifications simply won't cut good faith dealing aspects with less sophisticated parties.

I think there are some small investors that unnecessarily putz around with LLC's to feel sophisticated about their investments, as it gives them something "important" to do ;)

Questions like this are based on mistaken perception of the typical transaction.

A lot of people like to talk about their current business structures that are very sophisticated but I was hoping you could start at the beginning and provide details as to how you were able to really start moving things along.

The politicians get what they want, the perception that they are cracking down on the bad guys (and they are) but the spanking looks much worse than crying or pain justifies.