We are a capital partner and move like no Lender can move. thats where the great deals are going or at least what i see as its my day job LOLPS  in the old days  the west coast buyer had to get pre approved by the west coast mortgage lender and that included an appraisal up front so we knew the numbers would work then when rehab was done the mortgage brokers simply had the appraiser do a 442 update and the file closed. 

If I narrowly look at ROE, does that simply ignore the upfront cash investment and just focus on my efficiency of current equity position?

Blah blah blah.I love the Podcasts (I listen everyday sometimes multiple podcasts everyday and covered a bunch during a recent rehab) but there are a lot of those stories and I'm wondering if this opportunities are simply not in the cards for those of us building a portfolio today.

I'm simply stating what we have been told to put into these homes lately.

@Timothy Blackman With probate properties, heirs are typically looking to simply cash out, not carry any financing.

I simply wasn't as committed to making it work for me in the beginning as I should've been.

I assume there are always the crazies, but hoping this area is at least a little more low-key- And I'm sure there are a ton I simply don't yet know to ask!

People say agents are good at negotiating, but in most cases that’s simply not true, in fact pretty much every deal I’ve ever done, I’ve been able to save 10-15k through just simply out negotiating the other party, most agents just want to get to the finish, not go to bat for their client over 5-10k. 

A market can remain strong and an assets performance goes to hell simply from suffering the ravages of time and cap-x.     

God forbid something was to happen and you didn't finish the project or pay back the loan, the lender would be underwater with no way to recoup the money.