Federal Reserve’s response to COVID-19 crisis was to lower interest rates to near 0% in order to support the economy during the pandemic.

I have friends who have done that as first time buyers and all have been successful.Hey Perry, thank you so much for the response.

You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.Good luck in your search.

right now its more looking like a solid 30% down providing 100% of construction upto 65% ARV .

.- No lockup period- Monthly distributions with no fees- 14 years in the business- Over 2,000 loans originated- Stringent lending process with solid approval guidelines- Promises an 8% hands free return- Combines private cash and IRA investors into a pool for loans- Funds are used by real estate investors to buy and rehab distressed properties which are insured and liens have appropriate title insuranceThey have 300+ inventors, closed 2,000+ loans, $550m+, and 0 loser since 2008 when they opened.

I called a sheriff to do a citizen standby to make sure that the contractor couldn’t follow through on his threats to take a hammer to the job.Feel free to contact me if you’d like to talk about this further and best of luck in getting this resolved.Thank you for your detailed response!

I still hold the majority of the liability and responsibility for the property, but let someone else to make $$ on it just so I dont have to do as much work myself.

Wow thank you all for the great responses!

Anyone who stands up to their responsibility is a decent tenant.

You'll be fine unless you want a job in real estate (like being an agent) that requires heavy outreach, cold calls, or interaction with others.