I imagine EVERY party who has paid interest on their business Loans can claim so.

I'd be providing financing for 70% LTV on fee simple homes where the current first trust will be paid off and I will have a first deed of trust. 

.- Hard money will do the loan but with rates at above 8% with sizeable origination fees and significant pre-payment penalties.I was hoping some of you seasoned folks could help me figure out some creative financing solutions for this little conundrum. :)

However, if your NOI represents 3% cap in a 9% market, then you paid way too much and you may well be underwater, even if you could afford the cost of money.

We paid cash for it.

We paid cash in the transaction.

Be sure to pre-register for the meeting so you can attend your first one for free - otherwise its $25 at the door- or you can always join.

Once I won it I had 48 hours to get back to seller with signed contract and this was not nearly enough to get a contractor in even if I paid him $350.

We currently own a duplex and a house in out SDIRAs that we paid "cash" for.

We are trying to think of some ways to target people who need to sell, but don't have the obvious characteristics that most investors target (run down exteriors, pre-foreclosures, etc).