Having said that, I got burned about 20 years ago by lending to a hard money lender who placed deals at 18% and paid me 12%.

I am curious as to how complicated is it to renovate a burned home.

Hit me with any burning questions. :)

But some people need to burn the bridges (money) to force themselves to do it.

I've been burned a couple times early on, but the type of personality that operates with no consideration of anyone else but themselves is easy to spot with a little experience.  

Account Closed Wants to burn it all down!

It is a great deal: my all-in will be around $105k and the home will rent for $1400/month.I think that the only problem with this home is that there is a burned out property next door.

While HELOCs always seem appealing, since you feel the untapped money is burning a hole in your pocket, consider the risks.You’ve never flipped a property Rob, and not all flips are successful.

I have been burned in both. 

My partner would burn through a truck and had 1500 dollar cell bills per month in those days.So I told my partner ( the logger) Hey let me bring this into the the 1990'S..