Had I not known, common sense would have told me that 11% a month is impossible and makes no sense.

Hi all,Question pretty much as in the title.We have 3 rental properties.

I live in the Indy area and have several SFR properties and 1 Airbnb.   

The county is the second fastest-growing in the U.S. and the fastest in North Carolina.The zoning for the project is already approved, and with our captive audience of potential tenants, I’m confident that all units will be leased upon completion.I’m seeking advice on how to best structure this debt with a private investor or investors in the short term until the property is fully rented and long-term financing is secured.

I’m particularly interested in wholesaling and partnering with experienced investors to gain knowledge and contribute to successful projects.As someone who owns a rental property in Oklahoma and currently resides in the DC area, I strongly desire to expand my investment portfolio, especially in Florida.

And we do finance NNN properties.  

Competitive multiple offers occur only on select properties, while others languish on the market.

Hey BP, I help a lot of new investors and Househackers get their first property and I see people running into similar mistakes.

Is this common, or are we overpaying due to lack of competition?

I've been in the real estate game for over 20 years and have done my fair share of transactions, including condos and multifamily properties.