The loan would cover closing cost, 6 months pre-pay and sweat equity/cosmetics on the property.The person who does the loan will earn 12% for 12-18 months on the $50,000 which is secured by the Real Estate.I think I set up a win-win scenario, any feedback would be appreciated.

I have been pretty serious for about 1 year. 3 offers i made in the last year on SF properties didn't win because other offers were higher.

You could settle for less, but most people right now, myself included, do not look at anything under 11 CAP.It is important to realize that by putting money down in this case, you are simply “buying” CF.

Respectable Hard money lenders like yourself (and others who posted in this thread) are helping us do that so its a win-win for everyone involved.

But many people have prospered without such advice, and more power to them.My mentor has helped me with decisions that I simply did not have the base of experience to figure out by myself.

Any HOA simply wants their owners to pay their dues.

If you have 100k equity in a house but it's not going to be easy to rent (same number of bedrooms (3) as a smaller house but bigger sf by 1000) do you sell it and acquire a smaller house that's more "rentable" or simply lower the rent price and eat the greater maintnance costs (carpet, two AC units, etc)?

If I just do a cash-out refi of one my properties and use the money to either buy another existing apartment building, or simply blow the money on a new Bentley, then the lender wouldn't have much of a problem??

Then, simply add the land value and the MH value together, and that is what is fair.So at $550,000, they are way high in their asking price, - unless that is an awfully nice house and shop..!

Essentially a listing agent with list one of these short sales on the MLS to get the process started with the bank, I contact them and ask if their investor is willing to wholesale the deal, the listing agent gets an extra $1500 referral fee from me, and then the other investor gets a top wholesale fee without having to the rehab and deal with all of the issues associated.I think it would be a win-win-win for all parties if the investor is interested.