HLU CURRENT FOCUS: Type of Collateral: Office Buildings Apartment Buildings Shopping Centers Mixed Use Owner-Occupied Facilities Light Industrial Hotels/Motels Churches Gas Station/Convenience Store Vacant Properties (not land) Marinas Lending Parameters Overview: Loan Size:$1,000,000 to $50,000,000 Interest Rates: 11% - 13% LTV:Up to 75% on income producing properties CLTV:Up to 90% on income producing properties Origination Fee:3-8% taken at closing from the loan proceeds Loan Terms:1-3 years Cash Down:Borrower needs at least 10% cash into project (acquisitions) Letter Of Intent: If a prospective client meets our lending criteria, we will prepare a Letter Of Intent FREE of charge once we gain the following information: 1.Name and address of the borrower 2.Names and addresses of the principals of the borrower 3.A detailed description of the collateral including he entitlements (recent appraisal) HLU Lending Group, Santa Clarita, CA

I learned the lesson that night that a large part of self defense is simply being aware of your surroundings and passed that on to many students over the years.I agree with that 100% and I would also add that a big part of self-defense is being prepared.

I think I'll just have to prepare for the peace of mind (and price) that comes with my own lines.

Hello all,I am just dipping my toe in the water of real estate investing (or preparing to take the scary head first dive).

As long as they are prepared to have their license released back into the ether and not be able to practice any real estate then they are welcome to go for it. 

If not, be prepared for the furniture to be in less than great condition - with one of my recent purchases, the furniture looked fine in the photos, but was very worn and in poor condition in real life; I replaced almost all of it.That's it for now!  

Never ever ever pre sell if you are not prepared to bow down to buyers requests.

and also site preparation? 

Once under contract, I validate all of my assumptions by getting an inspection, quotes, CMA ect to be sure everything is on point.When I have spare time and no deals to analyze or view, I keep up on latest market trends and strategies by reading up on BP and other blogs as well as latest building products or researching whatever current issue I'm facing in my business.I try to think ahead and get prepared for the next phase of my business. 

Suggest you get your state professional engineer license and get a contractor license to prepare the career change.