Ensure they have robust risk assessment protocols in place.Ask how they assess borrower creditworthiness and property value.Examine Legal Documentation:Carefully review all legal documents, including loan agreements, investment agreements, and any other contracts you will be required to sign.Consider having a legal professional review these documents to ensure your interests are protected.Request References and Testimonials:Ask for references from other investors who have worked with the firm.

Purchase price: $293,000 Cash invested: $135,000 Bought this single family house, and I am currently in the process of renovating it.

Purchase price: $157,000 Sale price: $260,000 First Purchase

Hi, I'm seeing a lot of great opportunities for houses that are up for "auction". These homes are cash only deals though. Without having the cash on hand I'm wondering if a private money loan is the only type of finan...

Lastly, it's super landlord friendly and the price point for finding positive cash flow is still very low (you can still find tons of great deals for $120-180k purchase price).On the other hand, other Ohio markets like Cleveland and Cincy are dying if you look at their population and job growth.

We double close if our fee is more than 20% of the purchase price because most hard money lenders will flag it if they see more than a 20% fee on the hud. 

An RV I had bought a year earlier with the promise of renting it out to justify the purchase.

We purchased our primary property here in Hawaii in 2021 and have found immense benefit from the property setup which allows us to rent out our "ohana" unit (mother in law) which covers our mortgage costs.

Should I pull the trigger on a investment property now or should I wait until I graduate college to purchase something?

Here are the numbers on that deal: Purchase Price + Closing Costs (buy): 181,291$Total Rehab: 18,145$Holding Costs: 6,013$Closing Costs (Sell): 12,564$Sale Price: 220,053.42Profit/Loss: -7,939.41Key Lessons I learned: 1) Be wary sourcing deals from wholesalers.