I have some very ill liquid deals personally.. so I know what its like to be sitting on something I can tough.. looks great on paper but cant turn it to cash easily and when I think of NET worth I think of assets that I can turn to cash or do not have great penalties for turning to cash or sales costs extra.. kind of why I like being the bank so much..

Ill also be bringing my own capital to the table.

@Leland Smith My business partner was the GC, Ill get back to you with a spreadsheet of all expenses, send me a message.

Maybe ill just be letting this pend for awhile since I dont know what todo

cant resist, ill take the fifth.

Ill get straight to it.

Owner ill or moving, equipment is old and the owner doesnt want to re-invest or they have just grown tired of it.Like getting a good deal on Real Estate the more you understand abot the seller the better you can negotiate.I bought one off of a Korean lady that ran it 12 hours a day, 7 days a week.

(Not that that's ever happened to us).You could start out undercapitalized and initially get into low value loans such as dangerous 2nds or into low-cost out-of-state areas you know nothing about to borrowers you’ve never met against properties you've never seen.Similarly, you could advertise online (Craigslist, LinkedIn, and yes, BP) and take an ill-advised chance on strangers.You could break the law by advertising in states that require a license to simply call yourself a lender.Not understanding licensing requirements in the state you're lending.Lending to anyone who is inexperienced.

@John YousefAlright Ill definitly take a look into that. 

Then, after they've invested tens of thousands of dollars, they're forced to sell their investment property for a meager profit, or worse, a loss.Most of these ill-advised decisions stem from bad information or a lack of knowledge.