Still, nothing precludes end buyer's lender from rescinding a loan anytime before it closes.Even if they didn't, I'm not sure I'd be thrilled with a title company using my funds to buy a house for someone else and I don't care how long it was for.

Based on the number of investors we know, and the market we have seen for HUD properties in Florida, we set up a "bidding machine" for investors that specifically targets HUD properties.We send weekly spreadsheets of "regions" grouped by counties.We have customized spreadsheets for each investor that tracks progress.We treat this as an actual business silo that our investor clients love, because all the heavy lifting is done.As a Real Estate Brokerage you need to:Define an opportunityDifferentiate yourself from every other competitor out thereMake it simple for your clients to do business with youShare their pain AND their joyDo whatever you can to continue to make your relationship a win/win environmentToday was an example of this strategy as we won three homes for three separate investors, and all of them are thrilled.

I am thrilled to be moving forward with real estate investing and working toward generating passive income through buy and hold to ultimately achieve our goal of financial freedom. 

When we replied 'AirBnBN' they were thrilled.

I like the idea of buy and hold for future stability, but I also ie the thrill of the hunt in finding a deal and bringing it back to it's glory. 

As an investor I have a lot of my own money as do a lot of my friends, business colleagues, people who I'm very careful to refer because my reputation is important to me - all under OceanPointe management, and we are all thrilled.  

I am so thrilled to have found this amazing resource! 

I am thrilled by this community and love how everyone has a unified goal of helping one another!

They were thrilled they were getting a good deal on a brand new luxury apt, and I was thrilled I can start the next renovation without any delay. 

Brian Burke: We've kept the waterfall structure the same.You can see here.We used in this case, We used in this case, we used an 8% preferred return, and then we had three waterfall hurdle tears.The investors got 70% to 12 60% to 15.And then after 15, they got 50 50.And we've essentially I've been using this waterfall almost since I started way back in the beginning.Every once in a while, we might alter something here or there because we feel the need to.But too many times I've done that and been completely wrong.We had a deal that we did about three years ago where when we underwrote the deal, I felt that we needed to juice thereturn a little bit more.And so we switched the waterfall to an 80 70 60 instead of 70 60 50.And at the end of the day, when we sold that property, we delivered to our investors like a 32% IRR.And now I'm kicking myself like we really didn't need to do that.We could have left it.Just as this waterfall is here, our investors would have got a 28 IRR or whatever and been thrilled to death.So I tend to leave the waterfall alone most of the time.