This was the biggest reha What made you interested in investing in this type of deal?

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $9,500

Amazing lake lot, sloped lot, I would like to put a new construction home on pillars with floor to ceiling glass...

If he is only having hard money for a few months the delta between 7 and 10-12% is not that much.There are many other reasons, but those two I see are the most common I agree on the speed, but if a conventional lender is taking 60-90 days on a 1-4 unit deal, I would have some concerns on what exactly they are doing.

Best of luck finding your first deal in Pittsburgh, feel free to reach out if you need any advice. 

What made you interested in investing in this type of deal?

The enforcement of these policies, and the reopening of the Center View Road Multipurpose Convenience Center, are expected to significantly increase capacity at the other 10 residential convenience centers for Sevier County residents.More information on the fee schedule, including the locations and addresses for all County convenience centers can be found on the Sevier County Government website: https://shorturl.at/p1gJE

If a deal like this was sent to you, why or why wouldn’t you lend on this?

I've been in the game in this market a while as I have 12 units and 3 single family homes and know this is a great deal. 

What made you interested in investing in this type of deal?

Share your biggest challenges when funding your deals, is it Interest rates, down payments, or something else?