My focus in 2020 will be private lending because I think that is the best place for ME to start.What I feel I do know:Use your own documents drafted by an experienced attorney who knows how to protect you as a lenderIf you don't have rehab experience find good inspectors to help ensure the SOWs are solid and to assist with draws.If you're new, get appraisals to ensure your borrower didn't overpay for the property and the ARV isn't over exaggerated. 

From there, they can tell you what you need to do to ensure you’re ready for a purchase and how much you qualify for, as well as if you qualify for any grants or programs available at the time! 

Investors will want to ensure that the areas they are investing into have low rates of crime, or are at the very least improving over time.

Just ensure that you've disclosed that the property is under contract to the potential buyer.If you choose to accept the backup offer, include in the offer something like this, "the acceptance of this offer is contingent on the mutual release of the 1st position offer."

We just want someone to be nearby in case they need to show a unit, do weekly walk throughs to ensure it's being maintained properly, and lockouts.

I have no real 1st hand experience with those folks but whenever you are buying a property out of state you should do a few things to ensure it's as smooth as possible no matter who you buy from.Don't buy in the roughest neighborhood in the urban core.

Signing as such ensures (per my limited legal understanding) that there is no question that the signor is signing on behalf of the corporation and that they are NOT signing the document personally.If John Smith simply signs the document without the rest of that, an argument could be made that Mr.

It also ensures we have rent growth which makes any so-so investment a great one eventually.

Whenever you are buying a property out of state you should do a few things to ensure it's as smooth as possible.Don't buy in the roughest neighborhood in the urban core.

Unfortunately, this might have to include fire sales of assets that are over leveraged to ensure that buyers will risk coming out and buying.