If you were looking to hold, you MIGHT be able to pull off something closer to those numbers but you'll see slow appreciation and most likely be in a C-class area, which means more pro-active management. 

You might think your better because you make more money than other people but there’s plenty of criminals and con artist in your class of people.

We got a bit stodgy at Carrot for about 18 months as we had growing pains, but we've worked crazy hard the past 6 months to build up our teams, hire a world-class COO (she started 2 weeks ago and already making a huge impact) and we're going to be innovating more in the next 2 years than we did in the previous 6. 

Real Estate is one of the most illiquid asset classes and thus takes months to work its way through.

We quote based on the estimated FICO score you provide so if done right with accurately submitted numbers (property income, expenses, taxes) then the actual credit pull on loan app is the only way a rate would differ from the quote and term that is rate locked for underwriting or if the loan app is submitted in a large enough time window in which rates could have changed (we're in a dynamic rate environment so by the day and the week rates fluctuate). 

Also, living in the property/neighborhood will stop you from buying Class D trainwrecks - which rarely work out anyways. 

Mine are all in Grand Prairie, Arlington and Fort Worth in C+ class hoods.

I thought this might be an interesting discussion, and I wanted to see your thoughts.The context: I am currently evaluating an out-of-state duplex in Richmond, VA which is in a C class neighborhood with upside.

I do not recommend pulling a home equity loan as a first time investor if you are buying a fixer-upper, the current rate environment is not favorable for rehab projects that run way past their scheduled timeline and you don't want to run into a situation where your family can't meet loan payments while your house is securing the loan. 

Oh right...partners....what asset classes?