A friend of mine recently uncovered a pocket listing in La Mesa that hadn’t even hit the MLS.

But I hit a wall.First: Trying to find out what similar properties in the area (10 m radius) rent for, I used rentcast and rentometer for this, but they gave me two very different results.

Every new investor hits roadblocks, but it’s how you respond that makes the difference. 

Well about 2 years ago that batch all started to hit and then covid money went away. 

I would pay I/O for 5 yrs, and then ri-fi but you HAVE to hit your pro-forma to execute this plan. 

From experience I can say that it is way harder, you have to find absolute home run deals instead of base hit deals and do often take on much higher risk. 

In 1980 mortgage rates hit 17%.

When I was stationed in Northern VA, high costs had me stuck until I sold my Corvette to meet my DTI ratio and get a condo using my VA Jumbo LOan—one of my best investments.

Benefits for Real Estate InvestorsLeverage for Growth: Use business credit to fund renovations, marketing, or even bridge financing, which keeps your personal capital available for other investments.Personal Credit Protection: Business credit utilization doesn’t appear on your personal credit report, avoiding hits to your personal score from high balances.Larger Loan Opportunities: Over time, established business credit unlocks higher limits and better terms for larger investments.Potential Challenges and TipsSlow Start: Building business credit takes time.

I have done a few development projects for myself and it seems that in every one you hit a bump and wonder why.