Yeah nobody should pay that kind of money for anything Pace Morby sells.

The loan will be interest only for about 12 months (up to 18-24, but 12 is common) with a balloon due at the end.

Even if you rent the house for $2,000 a month, you will still lose because of maintenance, vacancies, and the expensive mistakes common with newer investors.You can borrow up to 70% of the equity.

It’s a common practice and I’ve never had any opposition to this provision.If you don’t have an operating company, you could get into contract in your own name and then assign it.  

I'm going to be taking some time to get to know people in my market as I kind of want to start local in Las Vegas.

Water issues are the most common. 

Of course credit card is going to be like 3.5% but it does kind of such because it's already hard to get tenants to pay it lol. 

Wishing you all the best in your business as well, and thanks again for the kind words.

This can give you some kind of idea. 

I have heard that it is common practice that private money lenders collect a monthly fee thru various methods, I'm trying to determine what those methods are.