Quote from @Mary Holland: I'd love to hear about your experiences and how they compare to other types of commercial real estate financing.

What’s required for success in this is deep knowledge of real estate in general and the area in particular; experience in real estate and the local laws, etc.; and capital to pay for options, marketing, legal counsel, accounting, tax advise, etc.  

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

in my experience doing this in Vegas - the gross rental income is about 50% higher. 

Even if they do have 20 years experience...how do you know really?

On larger deals, I've actually seen LTVs come down in the 50%-65% range, depending on the type of property/experience of the developer.

Happy to share some out of state investing experiences.

Worst contractor experience I've ever had.I then hired a second remediator.

I can't say when that will be but 4.125 is quite a lot depending on the rate you get.I personally want a hassle free funding experience and the lower rate.

What is Your Real Estate Experience?