So the question is have you guys ever used a hard money lender before do you recommend it or just figure out how to get the cash yourself or find properties that can go for conventional if the seller even considers it I own a contracting company and a moving/junk company so our projects I know for a fact I can do at a fraction of the cost as most investors but still I’m getting out bid to no end where I can’t see the money at all I’m not sure what there seeing but that’s a whole other story Anyways would love to hear from you guys if you used hard money lenders before and what to be careful with I’m just trying to see all my options Thank you in advance 

If the rental income, property appreciation, and overall investment potential outweigh the tax costs, it can still be a good buy.

Feel free to shoot me a message to connect and discuss further.  

It is HARD and you are adding a cost burden to everything you do remotely.

FEMA rental Assistance covers the cost of monthly rent and essential utilities, gas, electric, water, trash, and sewer.

That mistake could cost you hundreds of thousands. 

Purchase price: $167,000 Cash invested: $8,000 My wife and I bought a duplex in 2019 -- we got an FHA loan and negotiated the seller to pay $8k towards our closing costs.

It might cost you 10-15%, but they can make the decisions and handle the business side of things for you and you don’t have to lose any sleep over it.

You absolutely should cost seg.

Feel free to reach out if you need more feedback, happy to help.