I lend Tranactional Funds but have occasion to refer out for hard money.

Bill, it sounds like the limited capital reserves, loss of income due to the joyous occasion and etc, etc may have meant one large expense and, to be frank, kaput.Sometimes, we win when we "lose."

For example, I enjoy a puff on the pipe (tobacco for all my SoCal friends who suddenly thought I got a "good" prescription) on occasion.

-Own multiple propertiesOn more than a couple occasions I get calls from people who have 5+ properties.

I have, on several occasions, recommended to newbies that they invest in the stock market instead of RE.

He brings me his medical bills on occasion and neither of us can decipher them.

I never get my properties inspected so on occasion I get hit with some steep repairs.

On the rare occasion that a seller wants more earnest money, I don't have a problem increasing the amount to what they request, as long as it isn't above 1% of the purchase price.Now when you assign the contract, have the investor deposit nonrefundable "option" money with you, not the title company.

In commercial property, I have been able to achieve these returns on very rare occasions.

I'll make an exception to the vote whoring rule for the occasion of making money for BiggerPockets, so, whore away, Nick!