When the economy started slowing down I moved back into software development (less overhead, less red tape, etc).

The market is very slow.

From other HML's I have talked to ( I don't do rehabs myself ) they focus a bunch these days on credit and capital for the buyer.They want to be able to dump you off quickly after rehab if you can't sell for a flip into a refi program so that you don't default and they can churn the money.When the rehab and loan costs start adding up and the potential margins upon resale goes down the investor starts to give up mentally for expected returns and slows down.I am wondering what is the average number of defaults for a hard money lender making loans??

Investment-wise, I'm planning to start slow with buy and hold properties, learn the ropes, and slowly move to bigger and larger things (multi-family, apartment buildings).

Nothing slows the selling process down faster than missing information.

I'm going slow, though.

Needless to say its SLOW.

Slow down with naming more czars, or spending more funds on bills that no one even understands or has read.

Much like a class in the military that feeds you a laundry list of information and then tests you.....I mean really, you'd have to be pretty slow to fail since the schools give you basically the test questions to study!

I can definitely see the potential now to acquire rentals on the cheap but slow and steady is how people win at the tax lien game, imo.