The village, on the other hand, is totally destroyed.

I can see doing this for kids or close relatives but strangers.. dont think so.. to me its just another one of those totally grey areas  that maybe legal but ethics come into play.. artificially raising someones credit ?? 

Here is an example of a recent project I was able to fund.Purchase Price- $35,000Rehab- $30,000Arv $100,000We funded $25,000 @ purchase and $30,000 for repairs for a total loan size of $55,000.If you're living in the midwest I think that there are great opportunities to purchase 2 to 4 unit properties and rent them out I would stay out of Illinois the tenant laws are not favorable to you as a landlord.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

We make loan at a total cost to borrower of about double what “A or B” risk borrowers would pay for  bank financingLoans are 1st liens, short term (12 - 24 months) at no higher than 65% loan to value.Hope this adds clarity 

In total, we had about $75k in that project.

Obviously being in Denver has opportunities for upside appreciation. 

Total rent between the three is $3200/month.I have an adjustable 20 year mortgage with a balance of $100,000~ at 4.95% that is set to adjust in 2026.I also have a HELOC on that property at $180K~ with a 9.75% rate.

There are 8 colleges in Austin and 33 colleges within 100 miles enrolling a total of 397,759 students. 

To qualify, you or your spouse need to spend 750+ hours per year and more than 50% of your total working time on real estate activities.