Based on the provided plan, credit, background, experience, valuations, and meetings with team members, Fund That Flip made the determination to fund this and several other projects for the borrower.

Do anyone have experience with this?

Hi Folks,Just wondering if anyone has any experience with a small lot subdivision in LA county under SB 684? 

I've decided to take my experience to the next level and venture into flipping houses myself and hoping to see it become more full-time in the future.  

@Cynthia Gomez - we may be able to use your flip experience, depending upon the extent of your rehabs and how long ago they were.Also, credit, liquidity, land entitlements are all going to be very important.

I'm on the lookout for a Title Company in Atlanta that has experience with creative financing.

@LaShawnda Adegbile and @Lita Lefler thanks for sharing your experiences.

ITs going to depend on a lot of factors but just jumping into STR "around the country" (i.e. potentially very far from yourself) is going to be challenging - property management fees are going to eat up a lot and its hard to cash flow as it is with current rates/prices.Most people would start with LTRs as its generally good for the "first investment" to be more of a learning experience and chalking up a lot of mistakes - so keeping $ amounts low, leverage conservative and the investment as "vanilla" as possible is generally good advice

First, never send a lender money unless it's to be paid for appraisal or admin charges and if you looking for a good lender I could refer you to our hedge fund which offers you a hard money loan with no experience and only must be a homeowner.

A $50K investment from a psychiatrist who has no idea what they are doing but wants the "freedom" "low risk" and "generational wealth" the GP promises comes with zero power over the syndicator in an incredible lopsided distribution of power not available from most other sources of capital. 2) Ability to Charge WAY more in fees: A naive accredited investor with little experience in private investments will fork over fees like: - 2.5% acquisition fee- High Management fees (2-5% of rents) - 2.5% disposition fee- 1-2.5% refinance fee- 20-30% carried interestThe fees that many of these social media influencers charge would get them laughed out of the room by any family office or private equity shop.