You may be incurring a great deal of other expenses that are weighing it down such as conferences & Memberships etc.Looks like you're in the Pensacola area.

And I see similar listings for Eastern Brooklyn and parts of Queens and the Bronx fairly regularly as well.

I've been in this space for 10+ years and have closed a tremendous amount of commercial with rates typically at 12 + 2 or 3 at the most - Riverdale Funding needs a    #Realitycheck  if you are looking for Hard money lenders that understand  the business and are willing to work with you on getting the deal done, i would highly suggest going to the Pitbull conference, most of the lenders in attendance have been in this space for quite sometime and are very motivated to earn your business and make deals... ( https://pitbullconference.com/ )  they also have an extensive list of lenders on their site..  

Big message at the recent STR wealth conference was to not be afraid of saturation, in that there's a reason why everyone's investing there.

@Michael Baum I got it from one of the sessions at a vacation rental conference.

I plan on focusing in the Hartford and Eastern Connecticut area.I want to buy and assign my contracts to other Investor's in the CT areas.

Nice to see another eastern Ct member on BP defiantly the right place to learn the business  

I am trying to find an Eastern (preferably Northeastern) CT meet-up and/or REIA so that I might start making connections and discuss real estate in a more localized fashion.  

Lebanon is one of my favorite towns in eastern CT!

What your guy was telling him while I was on the conference call was absolute ludicrous.