one thing is your lending your money way under what private money should charge. unless your just doing your friends a favor..

The deal has to make sense and you really need to know the comps to make sure your investment is going to actually make money.

Time is money in the service world and you should expect a base charge if a PMC has to send a ServiceTech to fix something that truly only take 10 minutes to do.

Personally, If I could pull out a HELOC, I would use it to fix and flip which will typically make sense as you shouldnt be keeping the money out for that long and you can recycle it or pay it back and build off the capital that you got from. the flip.

Use your own money?

Same to me on Zillow, I think it’s because Zillow makes money providing or finding loans.

Their ability to recover their money should you default is much lower in this position.

If there’s specific projects like electrical we get a project specific estimate after we put it under contract prior to the earnest money going hard.

In those days it was possible to locate and tie up a “killer” deal, and close the transaction with absolutely zero of the investors own money.

You don't have to do anything with the money and there's no time limits or anything.2.