Saying that, don't expect an individual or a small investor's LLC would be the same arguments.

I dont see a need for the individual property insurance.

I know there are some creative strategies out there but I can't imagine being able to get an individual I don't know to lend me $500k with no money down of my own!

I had several potential investors (including equity fund, individual investors) promised to pitch in but did not perform when we needed them, resulting loosing few deals we had under contract.

For someone who has NO MONEY, how can you purchase a HUD when from my understanding most hard money/private lenders will not loan to individuals and HUD will not sell to companies.Is there any work around for this situation?

If they all have the same seller/owner you can market a package deal or wholesale them individually(your preference).

Hi, I'm a new investor and still gathering info before getting my feet wet.my goal is to generate a positive cashflow, while hoping that the property also increase in value (not a big jump, but at least on par with inflation).from the get go,my mind was set on a single family home or a duplex.. until recently someone mention that a condo might be a better investment for greater positive cashflow.With condo, there's a condo fee but the price will be lower, and I don't have to maintain any lawn or replace a roof..I'm trying to figure out if Condo is the way to go.here's my current analysis of a Single home vs Condo:Single home: Price $160K, tax 3600, ins 700. 20% down at 4.25% interest. it can be rented out for 1500/monthCondo: Price $45K, tax 1800, ins 350. will buy in cash. can be rented 500-600/month.

For an individual, the banks were willing to give me a loan at 70-75% of the appraised value of the home, at a rate of 5.5%.

It was primarily people starting out with no money saved, people trying to sell things , and people looking for hard money.I once made the mistake of mentioning I flipped and had rental properties and I was attacked like a sharks prey by individuals looking for a "partnership".I learned more talking to the young lady Jess on the phone.

Because we are an employee owned company, I was able to use my company stock as collateral.When I met with the guys, I met with them each individually, explained what I wanted, how it would be paid back, where I would get the money to pay it back, what the property looked like, recent comps, recent rent for the area, etc.