Purchase price: $45,000 Cash invested: $45,000 Single family buy & hold

Purchase price: $50,000 Cash invested: $50,000 Single family brrrr

We still see positive cash flowing deals here with appreciation potential at really affordable price points. 

@Ketch BaysStarting small in a cash-flowing market is a smart way to gain experience and build confidence without overextending yourself financially.

We have had people leave early and in some cases I did give them a bit of cash back due to the circumstances.

If you were limited in cash reserves atleast you'll have the HELOC as a 2nd or 3rd back up source of funds to weather storms.

  $500 off up front is a one time discount, the $40/month lower is the gift (to the tenant) that keeps on giving. 

You will need to provide an explanation of the circumstances surrounding the BK every time you apply for credit, apply for a job, apply for a bank account, etc.Bottom line is if you’re working day labor type jobs for small companies and live on a cash basis it might not affect anything.  

If not, ride out the 12 months with the hard money lender.People have to make good choices and not over extend themselves just for the sake of buying something they really can't afford or that doesn't make good cash flow.

I also completely understand the frustration of navigating through "Joker brokers" and fake lenders who promise more than they can deliver—one of the biggest challenges in the industry today.Regarding your approach to accrual-based repayment options, that’s a huge help for flippers managing tight cash flow, and it's great that you offer that flexibility.