Closing today on a property that is in pretty good shape compared to what I normally see and buy.

Jim,9% is not bad as all compare to the hard money lender in our area.

Then I will get an estimate from a couple of Contractors and see how their estimates compare.

Try and compare comps within a small radius to the subject property staying as close as you can.

We came home and compared notes, typed them up into Word, talked about a plan moving forward, and made some meetings with some people we want to meet with to discuss a few more questions and start mapping out a strategy.

I would compare having an architect do the plan to having a Dentist clean my teeth.

I had to provide some documentation, but minimal compared to actually getting a new loan.

The fund is just a tool and is one element of our overall picture.

Im in a hard hit market in Northern CA so properties are still relativly inexpensive compared to what they were 5 years ago.

The preparers could find work doing other things with tangible benefit instead of navigating arbitrary rules drafted to benefit certain elements of society.