This is a great place to learn and to connect with people so take advantage of all the great resources.

Once you put a second loan on a property, it's leverage is high and it's leveraged against another property so the scale is limited.

Once you get multiple under your belt, it becomes a lot easier to do this type of creative financing.Just keep in mind, private money loans can come with higher interest rates, so you’ll want to ensure the margins on your flip are high enough to cover those costs while still leaving room for profit.If you’ve got any more questions, feel free to reach out—happy to help where I can!

Hey everyone,I’ve noticed a lot of discussions lately about finding the right property manager, so I wanted to offer some insights for those in the process or considering it.

Many arrive at this strategy through paid mentorship, while others settle on the strategy through their own education because its such a  widely discussed strategy with so many industry participants peddling the concept thanks to the low barrier of entry and ancillary services and fees that are generated.  

@Jenni Utz Great information and thanks so much for it!!

That means you make 2k in origination and then 11k/12 = $916/month.Let's say they hold it for 5 months = $4,580 + $2,000 origination = $6,580 return on 100k so about a 6.58% return and your risk for that return is 100k, cause the deal you back can go sideways.There's a much safer way to make a better return. 

So you can't do a 1031 exchange towards a loan paydown on a property you already own. 

I'm new here to BP so I'm late to the post here.

That's all from the MLS so should be accurate.