Having lived in IN for 8 years before moving to Austin TX, I believe this city offers great opportunity now and much potential.

While sophistication of your equity partners (private money lenders) will vary between residential and commercial, the principle of raising private capital is the same.You need to develop your own system which allows a constant stream of PML even when you don't need the funds and/or don't have an active deal under contract.For example; I raise private capital by offering free educational workshops for people with self-directed IRAs.

I have an accepted offer on a luxury cabin in the sierras.  

I have been able to buy houses of the MLS because their list price was good and I offered cash without contingencies.

Basically, what these guys did to some of our Real Wealth Network members allegedly is:- GEG showed RWN some of the properties they had renovated and leased out to prove their business model- They told our members via a webinar that they buy, renovate and sell rental properties below market value to investors with 8% cash flow- They said they offer non-recourse financing at 50% LTVIn reality, GEG sold properties that were not always renovated - even if the price point reflected a renovation.

I made a low offer and it was accepted.

They were asking 450k for it and we offered 420k.

Large sponsors have multiple offerings open at a time so investors can choose a property type that fits their goals.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

Unsolicited phone call offering to buy a condo I own 500 miles away in Texas panhandle.