Investment Info:

Condo private money loan investment.

Purchase price: $640,000

Cash invested: $640,000

Investing in Condo properties in Broward County, FL

What made you interested in investi...

Drive around the neighborhoods to understand the lay of the land - if you have someone who will take you around and explain, better yet. 

The other method is to use a “safe harbor”, i.e., the specific procedures laid out by the SEC in Regulation D.  

If you need to get it rented fast, a great property manager would list the home for $2100 (below market) and get several quality applicants competing against each other to drive the price up to the max so you don't risk vacancy by starting out too high and gradually reducing to find the sweet spot.

If you are calling the licensed guy off the one single van that drives by or was referred to you..

Since you are an investor friendly agent that drives for dollars, I would invite you to try out the AI which looks at google images and satellite images to tell you if the property is distressed.

Focus on what matters, not on things that have nothing to do with what drives the desired  results.

All in all I will be loosing 10's of thousands.This process killed all of my real estate momentum, but has ignited a drive to succeed.

All that said, you are probably going to get better returns than I get in my safe/conservative areas. 

The access to capital is not necessarily a driving force in my pursuit.