These people would rather rip out the cabinets, take the fridge—hell, even burn the house down out of spite than sell at market value, let alone at a discount.Let me simplify it for you:5,000 mailers for one closed deal = 0.02% success rate.That means your failure rate is 99.98%.So, can you really sit there and tell me you can target motivated sellers when it takes 5,000+ attempts to close one deal?

Lastly funding developer who has 3 subdivisions going in WA DC market. these are big time deals and with our funds for the soft costs  500 k to 1 mil on each project my client is going to make  sit down  but probably over 10 million net  life changing money and well we will do good too !!

Wrapping 3 properties into one blanket loan shouldn't be a problem, save these are sitting on any sizeable acreage.You might get lucky and find a unicorn local bank or credit union that would consider that kind of leverage, but I would say overall, those terms are very unrealistic.Cheers!

In all of this they have continued to start new projects and leave mine to sit.  

You deposit all your income into your loan/checking account and use expenses as needed and any remaining cash flow, sits in the loan thereby reducing interest cost and helps pay down mortgage faster.

The updates they provide are bare bones and usually only come after I've reached out to them asking about the investment.

Sounds like a pretty easy way to get in over my head fast, but at the same time, it seems like an opportunity to pick up a property WAY under market value and there theoretically should still be plenty of meat on the bone.

As of right now, we are sitting at about $75 sq. ft.

The hard part on every fix and flip is to find a property with enough meet on the bone to make a good profit.

This is for a house that sits on a small hill in the city so it would need to be someone also familiar with getting the right permits to do so in San Francisco.