Quote from @Chris Seveney: @Andrew CosmeYou should close just as if it was a normal sale and get a title company to create the loan docs, get title insurance and sell you the property.I strongly recommend you go through a title company and do not do a closing that was based on docs found online etc. 

@Chris SeveneyI agree the sponsor is the most important factor, but passive investors can not ignore what they are trying to accomplish, and have a deep understanding of the business.The trinity!

Quote from @Chris Seveney: Quote from @Stuart Udis: I continue to see more and more posts suggesting real estate investors should go from buying 2-4 unit buildings to buying larger apartment complexes.

Quote from @Chris Seveney: @Oladimeji SonibareI would be very careful offering support as you typically need to be considered a credit counselor in order to do what you’re doing.

Hilda & Chris

Quote from @Chris G.: 1.

Quote from @Chris Seveney: @Jorge Esteban VargasI would sell as Don’t take this personally but you are not experienced to continue to deal with this.You never pay the contractor 100% upfront and you did this twice.

My pastor, Chris Hodges, at Church of the Highlands in Montgomery, says "tithe on whatever part you want God to bless". 

Quote from @Chris Seveney: Quote from @Bryan Price: Hi All,I signed a promissory note secured by a single family home that a real estate investor intended to flip.

Quote from @Chris Seveney: Quote from @Alyssa Balam: My husband and I acquired a rental property in 2023 with hard money with the intention of rehabbing the home and renting out the 3 units, refinancing and paying back this short term loan.