Private companies provide these examinations for lenders for sold/purchased portfolios but also on portfolios held.

Its held once a month in Addison (close to the Tollway and Belt Line) and its free.

I'd like your advice on my thinking, and would also be interested in knowing more about other hard-money/private options available in my situation.Here's the scenario: Project: Upstate NY, 3-unit/12-br multi-family mansion - complete gut, rehab, and change of use from 2 to 3 family Purchased: 115,000 ARV: 375,000-400,000 Held by my LLC, not personally Project Status: Rehab is currently half complete.

So, you haven't held them long enough for the lender to count the rents in your income?

The meetings will be held at:Sherwood Regional Library2501 Sherwood Hall Ln, Alexandria, VA 22306If you are interested in attending please contact me at [email protected] or 703-927-2584.

@Ryan Steele I will have to meet you at another one of your meetings that will be held on a better day (weather wise) because my commute is not going well for me right now.

I've been thinking of attending an upcoming meet and greet for financial fitness to present concerns and such held in my area by the State Rep in a few weeks.

What might be insured is between the insurance carrier and the lender.Considerations are vast, the local economy, the project, management, financials, timing of the project to completion, basically all areas that a lender will consider.As to sub-prime, never heard of it, as coverage is generally afforded to strong borrowers, developers that are entering a project at a higher LTV initially and the LTV is reduced as a project comes to completion, the initial risk.Apartments or properties held long term can be insured but again usually to cover the LTV risk, that is risk enough and to add sub-prime credit, management, or low debt coverage issues really isn't an insurable risk.

People in the second group have a much higher success rate.I think spending days or weeks studying what entity to use is something like that,,,what will make you money is to get out and learn real estate, and start putting in offers on your first investment,,you need to be held back some, so you don't make a mistake, but you need to be ready to go start working on deals...you make money investing in real estate by putting together good deals,,,,,,you have to go 'get your feet wet",,,and thats how to succeed (again, with someone keeping you from making too big a mistake)Don't get paralized you will make a mistake,,we all make mistakes

I new to starting flipping homes, I have some properties, I have held for years.