That is below the lifetime S&P 500 return.

I've gotten them to improve but I can't expect to change a lifetime of bad habits and lower standards.

The appraisal came back low in my opinion (292,000) 20K less than it was one year ago when the interest rates were a full percent higher.

Most partnerships have a detailed agreement that spells out how much each investor will chip in, when they get paid, how they get paid, what percent they get paid, etc.

When they say 8 percent,is that the annual return or the term of the loan be it 6 months?

It could change to any percentage at any point during the lifetime of the loan.

Purchase price: $62,775 Cash invested: $84,983 Sale price: $198,500 Beautiful Fix & Flip in Indianapolis that returned a 40.48% annualized percent.

I am sure you know the saying, give a man a fish, feed him for a day, teach him how to fish, feed him for a lifetime. 

If you take the highest possible rate this company can offer, you’ll get the most money out which is going to be way worth way more to your you’re investing than saving one-two percent on the interest-rate and getting $20,000 less cash. 

If they got 75 percent cash out on a refinance that’s $225,000.....you can go to certain areas of the Midwest and put $20k down on 10 different properties.Or maybe they cashed out or borrowed on their 401k.Or maybe they did 10 deals in one year but there were wholesaling or doing notes..... or flipping .... or any combination thereof.