As a landlord agent, I've had to move to other states to get my investors what they want, and have been forced out of 4 of them already by rising prices and the few I am left in, are slowly burning out.

Having said that, I got burned about 20 years ago by lending to a hard money lender who placed deals at 18% and paid me 12%.

I am curious as to how complicated is it to renovate a burned home.

Hit me with any burning questions. :)

But some people need to burn the bridges (money) to force themselves to do it.

Account Closed Wants to burn it all down!

I've been burned a couple times early on, but the type of personality that operates with no consideration of anyone else but themselves is easy to spot with a little experience.  

It is a great deal: my all-in will be around $105k and the home will rent for $1400/month.I think that the only problem with this home is that there is a burned out property next door.

While HELOCs always seem appealing, since you feel the untapped money is burning a hole in your pocket, consider the risks.You’ve never flipped a property Rob, and not all flips are successful.

I have been burned in both.