Because unlike wholesaling traditional real estate, notes is a very small community.

looks like someone is getting ready to start their next get rich quick seminar...

@Russell Brazil Or in markets that are traditionally vacation destinations.

They are typically used for transitional or value-add properties and have higher interest rates and shorter terms compared to traditional mortgages.Construction Loans: Construction loans provide financing for the ground-up construction or substantial renovation of commercial properties, such as office buildings, retail centers, or multifamily developments.

Because the 0% interest rate was coming to an end on the first of my credit cards through Fund & Grow, I sought a second round of funding through them so as to maintain a 0% interest payment on the funds going forward...still had to make the minimum payment going forward which at that time had accumulated to about $1000 per month plus property yard maintenance and taxes.Hoping that Clayton would do some of his magic and get the house built, screen some qualified tenants and get some cash flow going to be able to satisfy the payback of the credit cards until such time that I could get the new house independently appraised and financed through a traditional mortgage which the cash flow would have easily covered according to what Clayton promises in his podcast relating to the new construction builds. 

We’re one ofthe few property managers that require W-2’s and a bank statement and we go way beyond the traditional, “income must =3x rent” qualifier.Below is more information about what our Applications Department does to screen applicants and find the best tenantspossible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of anotherapplicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedApplicants are often slow about turning this information in, asking us why we need it and then takingseveral days to submit.

Our company had been set up by departments traditionally, that's common. 

All work, no pay.If you want to make money, stop trying to chase get-rich-quick schemes or working with shady businesses.

If credit is strong and equity is high in the property you may be able to restructure that loan into a traditional conventional mortgage.   

Don't expect it to be easy or to make you rich quick.