The risks he points to are:1) Borrowing Too Heavily2) Selling your property too quickly3) Using ARMs to get a cheap loan - using adjustable mortgages in a rising interest rate environment is a dangerous formula4) Not having a plan for financial emergencies such as medical emergencies5) Skipping a property inspection because you just have to get the deal.

Facts about professional OPM…OPM approves loan based on the equity position they have in the property not the borrower’s credit history or income.

It has to stop some time.

Stop driving your over sized SUV or truck.

We are offering $150,000. with $20,000. down and owner carrying $130,000 @8% for 15 years with a balloon in 3 years.The improvements sit on 5 acres 2 blocks off a major state hwy and the town is the next stop in booming growth.

I'd like to get a rough idea if most people use cash to cover rehab expenses, or if they take out a loan/credit card/2nd mortgage/etc.?

Just another non-scientific poll from me :whistle:

The one thing I can say is never stop educating yourself and be innovative.

No two borrowers have the exact same needs.

Want to inform you all that you can create a login to our website and view borrowers that need commercial loans.

Borrower in Minnesota has a retail building appraised at 600K.