I currently work for a big GC company in Columbus, Ohio, and have done both rehabs and new builds.

We paid $232,447.36 out to 36+ different trades & vendors for this home.This $232K creates jobs and promotes growth because it is spent and recycled in the economy, creating a ripple effect.Congratulations to the Greatleaf Homes Team for another new construction home closing today!

My strategy of interest is with buy-and-hold of SFHs and eventually commercial space. 

Better to own a few quality properties than a bunch of crapboxes that end up damaged and vacant and eventually lose money.

In these states I assume that just like a standard foreclosure, all funds acquired during the sale that exceed the outstanding contract balance and any liens on the house go to the contract buyer (vendee?)

CommunityMy sales guy, Ben, mentioned that he did 20+ deals since joining the program and 8 of his deals were funded though the Springboard Funding program.Last week, I had a call with Kingdom320 (Jeff Rutkowski) and they did not offer access to investors or funding.

Lenders have to pay their loan officers through a loan officer compensation plan along with the "Branch bucket".Lenders have offices where the manager has an override and then a P&L so they have to charge more either through points or higher rates.

.: Another question for you pros: we currently manage a small portfolio of CFDs on land parcels and a couple of private loans.

Much too large of an organization and staff are not the most helpful. 

Good day everyone, I am fairly new to multifamily real estate investment and learning this trade.