They may have been looking left and preparing for a 12%, 15%, 17% return and never paid attention to the risks on the right.  

Hi Joe,Using a Home Equity Line of Credit (HELOC) on your primary residence can be a practical and low-cost way to fund flips, especially since the terms you mentioned include only a $200 yearly fee.

Before I jump into the cash required to operate which isn't given enough attention by most investors there are additional fee related questions a borrower should ask any prospective lender: Are the 3 points inclusive of loan doc prep? Are

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment.

It would be a primary residence.

I guess, I just wasnt prepared so if you want to avoid my mistakes you must prepare yourself mentally and be fortified because devious personality types will at some point come for your money and they will come as a friend.

Investment Info:Single-family residence buy & hold investment.

Later on, I found out they appeared to be committing fraud and doing illegal stuff.I believe the seller is a plague on the local community, especially since it isn’t an affluent region, lots of the residents live paycheck to paycheck, numerous people complained about being ripped off.

In the summer months,  I prepare for the new students arriving for the semester.