It works very well as long as you really sit down with your partner and go over what you are both good at and what you can really commit to.

That would be deflation, which is the main thing the Federal Reserve has committed their considerable resources to preventing.

@Pesi Satarawalla recommend you check out the Fair Credit Reporting Act and national laws on privacy.Our management contract states we do not share credit or background checks with owners due to potential corresponding liability issues.Answer us this - how does a property management company protect itself against an owner, who they share this info with, from committing identity theft or not keeping the tenants information secure?

That being said, even a furnished rental for a few months could make sense if you don't want to commit to a 12 month (although most landlords allow early term fees, etc.)Excited for you!

The fees you will have to pay are worth it if you commit to being a good agent.If you are strapped for cash, I would advise to continue to learn about the business as you save.

Committing to making it happen will bring you in the fastest.

LolGetting financing for a 58 unit is totally different than most types of investment, especially in this environment and I'd recommend having two sources that will commit to doing the financing before I'd begin the project. 24 months goes really, really fast.

An initial draw of $10M.Total initial gross facility commitment of up to $25M, with drawable availability subject to borrowing base restrictionsFacility initially can accordion to $50M with approval and commitments of lender(s)* Collateral or Portfolio loan?

An initial draw of $10M.Total initial gross facility commitment of up to $25M, with drawable availability subject to borrowing base restrictionsFacility initially can accordion to $50M with approval and commitments of lender(s)* Collateral or Portfolio loan?

Investment Info:

Large multi-family (5+ units) hard money loan investment in Middletown.

Purchase price: $1,585,000

Cash invested: $545,000

Bridge Loan provided by Superior Mortgage & Gem Star Ca...