Since you need to do your homework on Turn-Key, you may as well do your further homework and buy a move-in-ready retail property or even a cosmetic rehab property and save most of the Turn-Key markup and have freedom to shop for the best PM.  

HLU CURRENT FOCUS: Type of Collateral: Office Buildings Apartment Buildings Shopping Centers Mixed Use Owner-Occupied Facilities Light Industrial Hotels/Motels Churches Gas Station/Convenience Store Vacant Properties (not land) Marinas Lending Parameters Overview: Loan Size:$1,000,000 to $50,000,000 Interest Rates: 11% - 13% LTV:Up to 75% on income producing properties CLTV:Up to 90% on income producing properties Origination Fee:3-8% taken at closing from the loan proceeds Loan Terms:1-3 years Cash Down:Borrower needs at least 10% cash into project (acquisitions) Letter Of Intent: If a prospective client meets our lending criteria, we will prepare a Letter Of Intent FREE of charge once we gain the following information: 1.Name and address of the borrower 2.Names and addresses of the principals of the borrower 3.A detailed description of the collateral including he entitlements (recent appraisal) HLU Lending Group, Santa Clarita, CA

I am glad to see that Josh is now cleaning up shop.

I was told at the tile shop that through-body porcelain is the only kind of tile that's virtually impossible for tenants to ruin.

Having knowledge of the changes when dealing with the banks - should prove valuable versus less informed short sale shops.

Why do I have a sneaking suspicion that he may be shopping my offer with other investors.

If not, do you think it's worthwhile to shop around for a cheap <4% interest 30 year cash out refi to have the money to invest?

I was in the middle of shopping to refinance the property to a 30yr for a lower rate, but after my homepath contract was accepted, I have a few questions hoping I can get assistance on:1.

(Most are not motivated at all)I have gotten close to buying my first deal but something always happens to ruin it (like they shop around and find someone else to over pay for the property.)Overall I have not spoken with one person who is truly motivated.

BUT it didn't deter me...... we have no $$$ of our own..... we buy/hold, my husband has a great job prospect, so I had to be patient.... as our rentals build equity, as he moved up in the world...we collect our property.some we made work...forced to rent our our primary that is in boston (cash cow now)live in flip in a new construction in military town (only one that sold quickly b/c it was neutral)commercial retail shop (complete shot in the dark, cheaper than SFR, and it was $$$ and management FREE!)