I know speed is generally the name of the game in flipping, and additions will increase your construction/holding time, but are there any pro/con feelings one way or another?

The rates are high but the speed and flexibility can justify the rates.

Eddie Speed at http://noteschool.com/ is respected. www.papersourceonline.com is another.

Eric,As everyone else has mentioned - yes, have taxes and insurance impounded.And most certainly YES, be sure that you have someone on your side review/draw up the documents.Finally, please consider using a 3rd party servicing company to collect on the note - should you decide to liquidate (sell) the note having an independent 3rd party record of collections will help speed along the underwriting process.

Leverage is like speed.

Hi Folks,I'm currently waiting on the loan to be approved from my lender.However, the lender is moving at molasses speed and I'm approaching 60 days...just to get a loan from the bank!

SAFETY and SPEED are our main concerns when doing deals.I'll be honest, although i have some investment knowledge of stocks and options, we are fairly new to THIS crazy world of REI.

Amazon is supposed to be opening a distribution location in Las Vegas creating 1,000 jobs, and speeding up you online ordering junkies orders.

They may care about price, certainty of closing, high earnest money deposit, speed of closing or something else entirely.

Generally, no nightmares, because I told all potential tenants right up front, “I am calling your prior landlords, I will not accept any evictions or criminal background more than the occasional speeding ticket”.