That being said the leads typically are not the problem (sometimes the leads are bad), it's the conversation to converts the leads.

Here’s how payments typically break down:- **Principal and Interest**: This is the amount you pay to the seller based on the agreed-upon loan amount (purchase price) and the interest rate.

Do hard money lenders typically require a down payment?

Installation Costs and IncentivesAverage Cost: Residential solar systems typically cost between $15,000 to $25,000 before incentives for a 6kW system (suitable for an average home).Incentives: Illinois offers substantial incentives, including:Federal Tax Credit: A 30% federal tax credit applies to system costs.Illinois Shines Program: Provides Solar Renewable Energy Credits (SRECs) that homeowners can sell for additional income.Net Metering: You’ll receive credits for any excess energy your system produces, reducing your utility bill.2.

For me if someone has a negative review I typically consider something else, if its positive then I would continue to do my own research but do not really go off of others.

The total loan fees ($6,799.91) you entered as points should likely be divided by the loan amount to get the actual points (which are typically 1-3% of the loan).

cashflow in residential is typically achieved either through a more difficult method, or after 10+ years.

What points and interest do you typically charge and how long are the loans you like to make?

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Typically with these systems the tenant will have a "confirmation" notification that payment was paid on 14th.