New Construction Starts could be hurting due to the tariffs ranging from 10 % to 25% which is expected to invariably spike construction costs, resulting in Organic rise in demand for Existing inventory and hence the Cap Rates.Thanks

Then I organized a little meetup where @Nick James came into the picture, bringing in his local experience having renovated a duplex in Oakland.

Need a more organized way to do so

That seems more organic in the application/negotiation process.

There are also specific organizations for different asset classes such as multifamily, retail ,industrial etc. 

Most of it I understand financial statements, LLC organization docs, taxes, stuff like that.

If so, at 15% APR, your loan is usurious.The penalties for making a usurious loan can range from jail time for loan sharking (extremely unlikely, unless you're involved in organized crime), to forfeiture to the borrower of all interest owed, to payment to the borrower of triple the amount of interest collected the year before the borrowed brings suit.

@Adam DrummondAdam, your profile tells me you've been in the business for a bit, but still, word to the wise -- respirator with organic vapor cartridges is a must when working with oil-based poly.

Edit - He was willing to look at foreclosures; forgot to mention that.Just find someone that rubs you the right way is my recommendation.Feel free to hit me with any questions.

First thing I would do is hire a company to do a RUBS system for your utilities and put 80 percent of the water sewer hear back on the tenants.