It is where you can eliminate a majority of headaches or sign yourself up for a roller coaster ride.

The last thing you want is to have a home run deal that theoretically should be a high-profit flip but is ruined because your contractor screws you over in some form or fashion (late deadlines, inaccurate scope of work, etc.). 

Best place to find this type of funding is in a group where people lend in this fashion which is essentially unsecured /100% financingyou will not find many to do this except those that are brainwashed by gurus who think it's a great idea

Numbers always look good on paper but between holding costs when acquiring and renovating property, closing costs on can also add up.I am not saying it cannot be done, as I did it with about 75 loans in a very similar fashion (except I was buying NPL's and got them reperforming).

Its been a wild ride though doing all this through massive inflation and supply chain issue and Covid..  

If the stock market goes on a roller coaster ride you have no control.

Foreclosure isn't something that happens quickly, so she's had a free ride for a while and time to get her affairs sorted.Cash for keys doesn't take long. 

You may also have to pay a broker to rent it, when usually the tenants cover that during peak rental season (May-July for 9/1 leases).Good thing is once it's rented you should almost never have vacancy if you're mindful of re-listing it in a timely fashion.

What is next is getting back in the market and creating more opportunity for our clients to ride the next market upcycle.

Hang on for the ride, Brandi!!!