Martin offered a construction JV on a crowd fund, I would do my own separate due diligence to back up and support his claims before writing the check.

Need to back up and relearn.I just can't support using and teaching improper concepts that contradict basic real estate theory or acceptable terms for the sake of introducing a niche topic just because it might be easier to introduce.But, I understand the dilemma having to relate to guru educated investors which is why I suggested the compromise of simply adding the word "distressed" making it easier for them to grasp the basics as they advance in RE..Distressed properties, distressed sellers, distressed transactions can mean getting a discounted price.

Real income for the bottom 90% has been stagnant for forty years, and has declined since 1999.he only way to keep consumption rising when incomes are stagnant is to boost the borrowing power (i.e. collateral and creditworthiness) of households by inflating asset bubbles that create temporary (i.e. phantom) collateral and by lowering interest rates so the stagnant income can support more debt.This is why the Federal Reserve and the other agencies of the Central State have been reduced to blowing serial assets bubbles: there is no other way to keep a consumption-based economy from imploding.But "prosperity" based on serial asset bubbles and near-zero interest rates is neither real nor sustainable: real prosperity is based on rising real incomes, not debt leveraged on phantom collateral.Read More

Local business is supportive of what we do and our ability to network and truly understand the area we invest in is a big key to our success.I hope that helps....I am a little jealous.

Those friends who support what we are doing we talk with openly.

Even if its bad, fixing it up might be the most profitable alternative.A new build is almost certainly more costly than a rehab, but perhaps the higher ARV supports that.

At a minimum, creditors generally must consider eight underwriting factors: (1) current or reasonably expected income or assets; (2) current employment status; (3) the monthly payment on the covered transaction; (4) the monthly payment on any simultaneous loan; (5) the monthly payment for mortgage-related obligations; (6) current debt obligations, alimony, and child support; (7) the monthly debt-to-income ratio or residual income; and (8) credit history.

Got my passion and enthusiasm, a wonderful and supporting family, great health and energy, an amazing support cast through the BP world, 49rs in the Superbowl (oh yeah!!!)...

My dream if you will is to one day establish a quality housing development to support soldiers and their families near military installations across the US.

Alert all neighbors and ask for their support in keeping an eye out.