The last thing you want is to find a killer property and have to scramble for money at perhaps less than optimal terms.Jeff

On the other hand, it's a huge time drain and can be a real day killer.

So If i was looking for a buy/hold strategy with a hard money and did it for five years it would prob wouldnt be a very good roi unless i got a killer deal right?

I am flexible enough to take into consideration borrower's history with me, the location of the property, the amount of equity if the borrower got a killer deal.

That's to make up for the "school of hard knocks" lessons you're going to have to learn.The busy street, IMHO, is a killer.

For example, when you have full access like the Realtors do, you can get combinations and access to security system codes, which is not a good thing if you are a pedophile or a serial killer. :-)

Account Closed thanks for the killer responses.

I know a 'blighted property' is another deal-killer... but how do I determine that if I'm not willing to fly out to OH? 

Just have to be quick and be on the look out or have a good realtor on the look out as well....And yes, the taxes here are a killer but don't get discouraged as I generally make anywhere from an 11% to 20% cash on cash return on all my buy and hold holdings in NJ.

Hey BP Community!I am curious to know how much money are you guys spending on average PER YEAR on marketing expenses related to finding deals?In 2017, I've spent about 60k in Marketing and my ROI was a little higher t...