Every lender has guidelines; that’s why it’s important to perform due diligence with lenders, just as they do with borrowers. 

(aside from the 1 or 2 homes that have stunning overlook views).When building out your buy box, are you all using the averages, or are you basing your min/max on the cream of the crop listing revenues, even when there aren't clear reasons as to why they are performing so much better than others?

Industrial Property Values & Market TrendsStability: Industrial real estate, especially near logistics hubs like O’Hare, has been a strong performer in recent years, thanks to e-commerce demand, supply chain resilience, and limited new supply.

Rates make it tough these days but these new construction properties will perform well and cash flow nicely!

I considered suing for non-performance but felt the hassle of doing so would not be worth the benefit.I'm still hopeful and looking in the Flint market, I just would not use them to do so.

Keep in mind, you should have already had a conversation with the hard money Lender to know their terms and process, and be ready to perform. 

We mix it up with performing and non performing loans and we have some performing that are short term bridge loans as my confidence in reperforming paper is low based on the re default rate risk.One last thing to touch on, there was a comment that I am one of Marco’s henchman.

What’s your exit strategy if the partnership doesn’t perform as expected?

It can be used to monitor markets, filter results based on lots of different criteria & even includes annual revenue numbers that you can work backwards to see how certain markets/properties are performing.

I cannot comment on the performance of his fund though.