I will go with an experienced lender any day because they have a reputation to protect in addition to skin in the game.

Maybe this is something guys do to lower their expenses but I've never heard of a reputable contractor with employees who doesn't have comp.

If you aren't familiar with the area (assuming you arent owing to asking for where to find properties) be sure to budget for a LOCAL reputable property management in your income/expense calculations.

yes in the industry it has a very bad reputation.  

At the very last, you'll need a promissory note, a mortgage, & a personal guaranty. 3) Prepay Insurance on the property for 1 year and name your friend as the lender.4) Use a reputable / reliable / recommended title company for closing (they will record the mortgage for you with the county).

Confirm that the provider has a pristine reputation (e.g.

It will take a while to build a reputation and get referrals so plan for that.

If you only show up in a recession or when there's "blood in the water" it will be difficult for brokers and owners to take you seriously as a reputable buyer.

Morris concepts are all fantasy .. real estate in no way works the way he describes it.the only one it works for is him.. suggest you look at other reputable turnkey operators.. by last count there were well over 200 investors that have bought his properties and have lost if not all their investment a good majority of it.. its well documented in the lawsuits filed against him.. and by folks sharing their experiences and their financial misfortunes right here on BP..

Looking for a reputable/quality contractor to do a full bathroom remodel for one of my apartments.