I love reading success stories here and you had a great strategy of fixing up a property you were familiar with to create incredible gains.

Here is the back story that was "not" told.

Disclaimer: this post may or may not have been inspired wholesale from me stealing ideas from a mortgage client (but not a car wash in Georgia, so you are not their competition).

That's a great story.

So his 12% rate on 10 mil of loans jumps to default interest rate of 19%.. and long story short they cant work it out and he ends up going BK and losing all his business..

Your stories, advice, and any resources you can share would be greatly appreciated.Feel free to respond to this post or reach out to me directly.

The house i was purchasing was was a 2 story  4 bed 2 bath around 1900 sq ft.

Long story short , didn’t do my due diligence .

For STR as a neighbor, that would be a different story.

I think its very interesting to see developers like National Real Estate who are wrapping up the 15 story development on 2nd and Spring Garden saying their next project on Spring Garden is simple a matter of time.