This is the “over night” success that’s taken 20 years.2 - Superior uncommon knowledge, combined with experience and capital and a willingness to take a risk (speculate).  

Then, just three weeks before closing, my largest commercial tenant—who brought in as much monthly revenue as all 25 mobile home tenants combined—announced they were moving to a location closer to their main office.

The combination of all the above puts me shoulders above majority of the investors.

For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.

I don’t know if the cause was fraud, incompetence, or a combination, but it is really sad.I was able to work directly with my borrower and my loan is still performing (amortized it rather than keeping the balloon). 

If more than one person applies together, then we combine their scores for a group average.

Thanks Hi Spencer, I have a seven-figure portfolio that is a combination of both hands-on (direct real estate) and hands-off (syndication and crowdfunding)In my opinion, both have their pros and cons and neither is 100% superior to the other.

If I buy out the first lender, can I foreclose with the total amount due for both loans combined, or will it remain as two separate loans, with only one being foreclosable?

😳This is caused by a combination of buyers not being able to afford to buy with interest rates back up above 7%, and seller’s not wanting to budge on their sale price...a standoff.My guess is 2025 will likely be just like 2024 and 2023 if rates stay above 6%....

How we purchased our property: Combination of Savings, Personal Loan with interest from a family member (4% interest) and a cash loan from Wells at about 8%.