Crowdfunding is no different than investing in a local syndication in that you need to do your due diligence to make sure that the deal is a fit for you.If you are an aggressive investor you will find probably 20-30 new deals a month to look at on Crowd Street.

Determine the type of strategy fits your personality and risk tolerance.

We decided to move forward with a house on the mls and bought from the agent because it was a great deal and the turnkey companies didn't have a home that was a good fit.

The other time cash helps is if the property is uninhabitable and doesn’t fit the lender’s requirements.

Hard money lenders don't typically have terms offered to them, they get the borrower's profile and present them with the terms that fit that profile so you could also call them pretending to be a borrower and tell them about you and see what terms they would normally give you as well.

I run quick CoC numbers when properties become available and quickly eliminate ones that dont fit my goals.

I'm having a difficult time finding agents that I think would fit well into this model, and am curious if any of you are running a similar team.

I think what I need to do is find out what size buildings would fit on the land, estimate the cost to build, determine what a lender could offer, and see if the numbers make sense.

With the pandemic still among us, everyone is doing video calls so it's a lot easier to fit into your schedule. 

I imagine part of this is all the other nuttiness going on that this is on the bottom of priorities but I'm beginning to think this could be delayed as they probably changed how they input that back end data to fit the system.