Quote from @Johnny Haygood: I wanted to share my experience with Rent to Retirement.I bought my first turnkey in Indiana around October of 2022.

I wanted to share something that has been going on up here as I believe there are lessons for everyone, and I don’t think this gets coverage at all in the US.Up here in Canada we have had interest rates increase at the same crazy pace that the US experienced but are seeing some very negative consequences from it that are unique up here.In Canada we do not have 30 year fixed mortgages.

Here's my slide deck that I share with everyone for all things MTR.

Much appreciated if you could share the link with the group.Great feedback everyone. 

They have their own rules and might take a share of your profits instead of charging interest.Hard Money Lenders:Nowadays, hard money loans usually come from bigger companies and are more regulated, making them similar to loans from Private Money Lending companies.

I'm sharing my opinion with my buyers when we're in the house.But I'm not every agent, and there's no shortage of bad agents out there who don't share their opinions, can't ballpark a room size and don't have the experience to recognize that no, a king WON'T fit in this room.I'm also super frugal, and shocked at the prices for staging.

Sharing the same data source as everyone else means the lead is more likely to be saturated already.Finding unique data sources or just being on top of publicly available information could do wonders.

Hey @Dan Gongora - I have a list of lenders that another BP member shared with me a while back...the lenders are exclusive to Chicago or Illinois, but I assume that wouldn't matter to you.How much equity do you have in the property and what is your game plan with the money?

Get the go-to guide for thorough interviewsSeeyou around the site!!!

When you are on sites that say for rent, lease to own.