They make things way too difficult compared to a simpler, DSCR solution.The type of lender also plays a large role here. 

In short - here are the reasons I pivoted to Real Estate Investing:All the benefits of Real Estate + growing STR optionsInflation raging at 10%/moCurrency wars and what or who will win them (Prec Metl or CDBC, etc.)Equities markets receive derivative pressures from credit markets and pressures on US dollarRealistic 10+ year opportunity in using Creative Financing, given monetary policies.Global disruption and impact analysis of COVID to businesses (small/large) and individualsWhat I was (originally) looking to get out of the program:Better understanding of Real Estate and it’s MarketLocally like-minded ppl that are more about collaboration than cannibalization (not reflective of BP in any way – this community is great too)Improvement in comfort level working in REI and learning “on the job”A community where I could find deals, connect with ppl for help and ask questions, etc.Business and Corporate Structure recommendations to accommodate short-term & long-term investment strategiesAnonymity strategiesAccess to vetted contracts for traditional, creative and gator (EMD) Real Estate dealsMy experience and feedback based on my expectations:Great original 6 week mentorship program.

Fast decision-making played a crucial role in this successful deal.

Ultimately, location and demand will play a big role in how it performs.

.: Quote from @Kyle Spearin: I'm wondering how people in this space are going to pivot.

To recap, you pay to learn the necessary skills to source deals and capital for your educators and  you are actually taught to deceive investors by embellishing your track record and credentials by dangling your GP status in ways not representative of your true role.

You take on the role of digging deep into their pro forma and grading it like a teacher instead of writing the paper yourself. 

You say the contractor is resubmitting the revisions but where is the architect and what role is he/she playing?

I am replacing the balances and pivot shoe locks. 

We fell off but now we’re pivoting back to being bullish in real estate.