Purchase price: $590,000 Cash invested: $140,000 Sale price: $820,000 Four homes zoned SF that we purchased from the same buyer like it was a quadplex.

Purchase price: $59,900 Cash invested: $300 23.5 acres of wooded land on a state highway, comercially zoned, was overgrown for 18 years spent many hours clearing out property to make it suitable for recreational activities.

Don't let your excitement and determination to get a deal funded blind you to the notorious red flags of so called Private Money Lenders.

@Peter Kozlowski Don't necessarily think this is a red flag.

Some guests would say “the home does not provide ground nutmeg” or “ the bottle of wine was nice , but we prefer white wine and they had red”.

I would recommend that the first thing you do is start networking with agents, other investors, property managers, etc. in order to learn the market and things to consider for your particular area (ie. zoning, etc.).

The property is in a “war zone” and hence worth 25% of what it would be worth in a decent location5.

The only option at this point directly related to the sale would  have been to invest in an Opportunity zone or fund. 

., and property manager since we'll be holding as rental), check on liens, flood zones, etc.

If I'm talking with a prospective tenant and they say they have a really aggressive pit bull and they just got out of an abusive relationship, those are red flags.