For those that own property management companies can you give me any insight on what starting one up would look like and your honest opinions of the property management business these days.

I'm a licensed mortgage broker and have closed loans with clients out of the country.

I see why folks are asking this company says they do 100% loans for purchase and rehab with a whopping 620 fico..

NATHAN KUPPERMANthanks :)Fiona and Obie They appear to be a newer company - around one year.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Quote from @Chris Seveney: Over the past quarter, I have seen around $1B in defaulted fix and flip loans - many of these from new lenders since 2020 and more of a "tech platform".As we all know, the intersection of tech and real estate investing has brought incredible innovation, especially in hard money lending.

Here’s some guidance to help with your next steps:Hard Money Loan: Hard money lenders can often cover both the purchase price and some rehab costs (up to 70-75% of the after-repair value or ARV).

Also add if you are getting any type of loan on the properties a Wyoming LLC will not make you anonymous as you will need to sign the mortgage in your name: 

The loan has a payback period of 5 years in equal installments. 

A self-directed IRA or 401k can be a great vehicle for loaning money to others without getting hit with taxes on the interest income.