I’m a firm believer folllowing someone’s foot steps that has figured it out so to speak is the fastest way to success.

Hi Karter- Hard money lenders require experience with fix and flipping to reduce risk/ensure success.

We have two SFH being built right now and negotiating with a local municipality on a 5 lot SFH development and a 49 lot development.

A well-thought-out plan, acknowledging the potential for change and challenges is your blueprint to success.

Just have a general interest in what they are, how they workHave you had success with them?

When considering conventional financing after the initial purchase, lenders will assess your debt service coverage ratio (DSCR) and having a strong track record of successful real estate investments can enhance your appeal.

So far that’s been successful, and I think it helps limit the number of calls we get.

I was able to negotiate acceptable terms with the banks but they took all my assets and spent 10 years paying them back.  

Quote from @Stacy McGee: If you want to be a successful landlord, you need to learn your laws.

Since then, - we have completed 5 additional flips successfully and growing- we have completed 3 Multi-families where we are 50/50 partners with other investors.