Good Afternoon Rick!

If only I could get a dollar $ for every time an investor asked me that question.You see guys, it's quite simple.Since our price points are super low (Only $60,000 - $80,000).Most of our investors have more then enough cash to purchase quite a few homes fairly quickly.Thus, we don't have a need to wait for 6-8 weeks to hopefully get the deal across the line via financing.To be honest, we also hate working with lenders and appraisers.Most of them drag their feet and appraisers are super conservative these days due to the Fannie Mae guidelines that were introduced after the fiasco of the Global Financial Crisis.So they are known to intentionally use foreclosed comparable sales to under-appraise properties just to protect their own A$$.This isn't genuine and I've always believed that if you can't fix something or make it better.You need to eliminate it.That's why we have eliminated all financing when buying through our company.I'm sorry.Now, for all of you thinking that you are getting a turnkey property as a "safer" investment for "fair value" just because the turnkey provider offers financing.Think again.After being in real estate for 10+ years and buying/selling over 500 properties world wide.I have seen all of the dirty tricks.An easy one is to influence the appraiser by smudging their eyes with supposed work performed on a house that never really was.Like a "converted attic", "newly installed HVAC", or a "rehabbed garage", etc...Most are too lazy to check these items and will just mark them on the sheet as "done".All of these items would unjustifiably increase a properties value in the thousands if not tens of thousands of dollars.At the end of the day, there are always going to be bad apples no matter what.Your job is to find the good ones.No matter how you decide to invest (With cash or financing).Find the right team and you will do well.Find the wrong one and it will end in disaster.I wish you all much success and thanks for reading.ps.

Good afternoon,I am looking at a FSBO.

I, too, aim to be as accommodating to residents as possible.However...For my own liability protection and personal sanity, I'll only schedule our group viewings for when the resident can be physically present.For one thing, I'm a digital nomad (currently living in Colombia), so I'm likely never going to be conducting their viewing myself.But mostly, I don't want a resident claiming that some priceless heirloom went missing or got damaged after holding a showing in their absence.We'll pick a convenient time, typically 1 hour on a Saturday afternoon, and set appointments for up to 6 pre-screened buyers to take a look.

good afternoon,Does a private/ hard money lender Lend money in a rural area?

Good afternoon all, I just wanted to write a quick post to talk with any investors in FL, specifically the gulf  coast.

Haven't meet a lazy cyclist.

Good luck acquiring a wholesale deal if your contractor is lazy and lacks urgency.

Good afternoon, I am helping my in-laws with finding a place to rent in NYC (Chelsea / Greenwich Village area/ Upper West side).

I get frustrated because most people a) don't stick with this and try to learn it... trust me its easier than first year college physics... but it will take you a few times to get it and after networking with real people doing this or b) they say its seems risky and listen to their lazy/ignorant CPA who by the way has been stuck in they same occupation for 20-30 years... why would you want to take financial advice from someone who is not financially free.