I don’t know if the subject sponsor committed fraud or not.  

Sold on 11/15/2024 for $249,900, this project highlights our commitment to creating value and achieving substantial returns.

you have to calculate the interest costs.and.... it makes zero sense whatsoever to buy something turnkey with that much leverage. none. you'll never, ever pay back the HELOC with the non-existent 'cash flow' from the property.just trying to be realistic. the market is unforgiving right now.

Here are some common pitfalls I see for new investors from the private lending perspective:• Insufficient Funds: most lenders are going to be able to lend a first-time investor somewhere around 75-80% of the purchase price of an existing property + 100% of your estimated rehab budget (or an 80/100 loan, for short).

The purpose of my post was to make others aware of the difficulties associated with selling entry level SFH's which tend to be in neighborhoods with limited owner occupant participation and when the owner occupant participation exists the buyer pool are the least qualified of the FHA buyer pool.

The key here is finding the right balance between capital, time commitment, and risk tolerance.

Two days ago it was an investor who created an additional LLC independent of the deed holder entity believing tenants could only sue the LLC where a contractual relationship existed. 

I've seen similar analysis that indicates that Chinese own 10 million Bitcoins which represents about 2/3 of all Bitcoins currently in existence.  

For your existing rental property, the net rental income from your Schedule E on your most recent return will be used in your DTI.

Do NOT commit to anything during walk-thru as tenant will try to pressure you to agree to waive repair issues.