What is quote un quote a good loan situation from a hard money lender trying not to get into a bad situation just to fix a property with no profit at the end of the deal not specifically the amount but just the terms on a deal interest wise n other terms for the contract

Using fix-n-flip money can be a great way to get into a project.

@Christine N., when did you buy the property?

I am n the same situation, I just sold a NY property and need to do a 1031 exchange.

But it's n/a .

Conventional / Government / Non-QM / Fix N Flip / Hard Money / Commercial / Blanket / Bridge / HELOC's just to name a few, but you want access to all these loan types.Boil it down to your best one and go with that person.

Hi all,I own a fourplex property on the Hiltop on N Harris street.I own for a few months so I don't have enough perspective, I am trying to calculate the return on the property and I am not sure how much to take off for vacancy and maintenance especially since the neighborhood is tough and I am not sure how many times I would have to go on eviction processes or have a high turn over.If you have properties in the neighborhood could you please share from your experience how much I should take off from thee incoming rents calculation?

I am interested in all verticals, but I would like to focus on The BRRR Method, Fix n' Flips, and Sec. 8 as a minority owner for the time being, hoping to eventually deal in larger, industrial and commercial properties. 

There are fix n flip lenders, but to get better terms you will need to have 3-10 exits in the last 24 months, otherwise they have the same terms as hard money.

Again unless your planning on buying a MF 5+ Unit or a larger commercial property it could be necessary.If you are thinking of buying a MF 5+ unit or higher makes sure you qualify before you waste your time with a n LLC.