HLU CURRENT FOCUS: Type of Collateral: Office Buildings Apartment Buildings Shopping Centers Mixed Use Owner-Occupied Facilities Light Industrial Hotels/Motels Churches Gas Station/Convenience Store Vacant Properties (not land) Marinas Lending Parameters Overview: Loan Size:$1,000,000 to $50,000,000 Interest Rates: 11% - 13% LTV:Up to 75% on income producing properties CLTV:Up to 90% on income producing properties Origination Fee:3-8% taken at closing from the loan proceeds Loan Terms:1-3 years Cash Down:Borrower needs at least 10% cash into project (acquisitions) Letter Of Intent: If a prospective client meets our lending criteria, we will prepare a Letter Of Intent FREE of charge once we gain the following information: 1.Name and address of the borrower 2.Names and addresses of the principals of the borrower 3.A detailed description of the collateral including he entitlements (recent appraisal) HLU Lending Group, Santa Clarita, CA

I have no issues with healthy debate, whether that makes me part of the BP argue nation or not I'm not sure.

The property will produce a 13-15% cash on cash return.

Modular has struggled to get away from the "manufactured home" label here in the USA but the industry is producing a product that is comparable or better in quality than site-built.

Use them when it helps you move forward, and then take their low risk returns when you can, having bought into properties that actually perform, ie pay off soon and start producing some milk.Some people will say I’m describing a later-in-life investment strategy because I say buy with cash, rehab with cash then refinance after stabilization, because you need cash for that.  

“Every result that you desire […] is preceded by a process that is required to produce the result.

But I'd still prefer to do a deal in my area as opposed to a long distance deal - at least for my first one in awhile..Here's what I'm thinking of doing:1) get a regular income producing 9-5 job and be miserable for awhile.

Pros: The numbers are very strong, at existing rents, the property cashflows $800 & purchase price is only 275K.I can raise rents $100 each unit and this thing would be a $1200 cashflow producer.

I've been working with a realtor and looking for tenant-occupied properties but I've noticed properties that are listed under$50K produces the best ROI but it's difficult to finance those type of properties. 

The question is whether the investments you might make in real estate with a self-directed retirement plan would produce better results for the retirement plan that leaving it invested as it is currently.