If this was the private sector half of them would be fired.

And for those who just don't like syndications, there are many private lending opportunities that can also pay pretty high returns.

To add to the conversation, here are some of the minimum requirements you will be dealing with on the private lending/financing side.1-4 Unit Residential• 80% LTC max (20% down payment)• No experience required• $75k minimum property value• $50k minimum loan amount• 660 FICO5+ Unit Multifamily• 75-80% LTC max (20-25% down payment)• No experience required (program options will be limited if no experience)• $350k minimum property value (lower values possible, must have experience)• $250k minimum loan amount• 660 FICO

From personal experience, private lenders usually will not partner with someone who is new.if they do, usually they will handle the renovation and split the deal, based on what your contribution is.

Private sale from estate How did you finance this deal?

If you have questions about specific properties contact me privately and I'll tell you what I think.

(Most probably do FAR worse...)By contrast, private lenders are currently earning about 12% annualized interest on their money.And, getting exactly ZERO calls at 2am from unhappy tenants!

Maybe you can find a private money lender who is okay with 9 or 10% long term if that still works for you.

Clearly there were missed maintenance issues in this case, but I would still instruct your PM (or future PM) to make it a requirement that all prospective tenants tour your properties first before processing applications.I’ve even had tenants sign Sight Unseen / As-Is addendums and later be unhappy and still want to break their leases.

Hi Brandon,It's likely more effective to look for private lenders at those ranges as most investors buy cash or use private money at those ranges.