Quote from @Nader Shariff: Quote from @Travis Biziorek: Well, definitely some funny business happened with this one (as we suspected).It's back up for auction today: https://buildingdetroit.org/properties/5010-lafontaine I just saw that lol. 

The lender didn't go out of business, YOU are choosing to follow your mortgage guy to a new lender.

I would suggest looking into a business line of credit if you need such little funding. 

If anyone on here is experienced and willing to share information about getting into this game, connect with me to set up an interview so I can ask you questions, and/or collaborate on a deal, as I would love to gain hands-on knowledge and experience as quickly as possible, as well as cultivate trust and relationships that lead to more business and deals in the future.Thank you!

Hello,I am graduating from business school June and will be moving to Charlotte full-time.

Moved to Panama in 2022 and started a licensed hard money lending business in 2023.

Lately I have found some excellent small business contractors that do great work without the high overhead.  

Its going to be managed by a property manager and thus a passive investment which is allowed per h1b rules.However, I am being needed to procure state and county hotel tax certificates which almost seems like I am launching a hotel business in the records of state.I am starting to wonder if this can cause issues down the lane when renewing my visa or applying for green card.If anyone else has a similar experience or own STRs on h1b, urgently want to discuss this with you.

The "Business Sprints" section especially, haha. 

I got busy on a couple of flips and came back to start working on the property.