I don't even know how to search for hard money lenders.

Insurance and interest make it difficult for the traditional lenders to loan to us even though we can afford the payment, but to them since we deduct a lot of things on our taxes, we don't look to be cash flowing.

Being successful as an absentee owner of a small or even mid size business is close to impossible.  

If the homeowner does not have the correct policy even a tree falling on the home is not covered.

So the banks who are in second position are cognizant to this and are getting totally screwed when this happens.2. and even more important is the homeowner who lost the home.. if they have no junior liens they are due the overage..

Aside from the risks I mentioned, there is the increasing competition and ST rental income is never truly turnkey or passive income, even if you use a manager.Even for you, if you sell for $1.75 million, all you'd need is to reinvest the proceeds of the sale at a 12.5% to make $220k so the relevant return is 12.5%, not 23%.

So for me to sell this house at 200 is unreasonable for any scenario, even if it is just the fact that the house is stuck in the 1980s?

I would much rather receive truthful  advise from honest and direct people who don't feed me BS, even if what they say didn't excite my feelings.

Two months goes by (not fast service which they advertise) and I begin to receive declined credit card inquires in my mail including one even stating "no third party applicants please apply on your own" so now I'm skeptical ESPECIALLY when I'm assured by Bernie that Seek has a "GREAT relationship" with these lenders.

I made the mistake of renting my single-family house in Alpharetta to a tenant with a credit score in the 500s in December 2023.