I was losing people because I didn't respond fast enough.

Fading fast.  

Develop a fun park with fast go karts, waterpark, etc. in Shasta CountyAn extreme sports venue (Freestyle and Motocross track, BMX, Skateboards, waterpark, etc) with RV Park and small hotel in Shasta County.  

They are trying fast to change law. 99.99% of lenders have paid the hoa inorder to avoid this.

Fast forward to today and they require "buy-back " provisions where if the loan defaults in a certain period of time the originator of the loan that sold it off has to buy it back.

The DFW city fathers approved it & it sold fast.  

Dang, that's fast!  

The city of Inglewood last night fast tracked the approval of a football stadium next to Hollywood Park.No teams have committed themselves to the stadium, but I'm sure it's only a matter of time...http://la.curbed.com/archives/2015/02/inglewood_ap...

If you can get that return several more times a year that adds up fast. 

I was only familiar with collateralized debt.So when I was lamenting the fact that I could not get money for more homes an entrepreneur friend said, “call the bank and get a signature loan”.Having never heard of this before, I called, and sure enough, IF you have good credit and income, a bank will give you $25-150K just for your signature…to go buy cars, pools and pay for stuff you don’t need.Or, you can use it to buydistressed real-estate.So, here’s where it could go bad.Don’t be stupid.Have your exit strategies.Then execute.My typical deals look like this:HUD/Homepath/VA forclosure wants $41K for a home with an ARV of $65-75K.Let’s assume it needs $10K.I start my bidding ridiculously low, so $24K, but eventually get it for $28.5K.I use “cash” and close fast and get it rehabbed in 2 months…could be faster, but that’s the average.Immediately after I close, I am looking for ways to collateralize the debt…ie REFI.Because right now, I own the home OUTRIGHT, w/ no liens.I do have this other debt not associated with the home and I want to pay it off ASAP before I have to make my first payment.I can 1) use a portfolio lender (typically 80% of receipts, then I retire the rest of the loan w/ my cash).2) Wait 6 months and use traditional financing where I have the possibility to getting all of my money out of the deal since they go off of appraisals, not receipts, typically 75% LTV.While I wait 6 months, my payments on $35K are around $500/mo.Home rents for $850, so I can do this and still pay the bills.3) flip the property to a new home owner and make 7-10K after expenses or 4) do nothing and pay the house off in 7 yrs w/ the 9% signature loan.I hear of people using hard money and the expenses associated, but for the smaller deals like these, IF you have good credit, they don’t make sense.Thoughts?