Would post in as many local or national groups (for you target clientele as possible).

Hey Yash, It's hard to say if it's "too good to be true" without more information.

Your local REIA can often provide similar information at a fraction of the cost, allowing you to allocate your saved capital towards your first deal.

.: Just found this post! 

Thanks for any information you can provide! 

I am hoping this post will help those interested in the BRRRR investment strategy avoid this common trap.

Originally posted by @Sam B.

Here’s what typically happens when investment loans go 90 days into default1- loan is placed in “non per forming category”2- non payment information sent to credit bureaus, and borrower shows “90 days late”3- Fair Issac credit score drops 150+ points4- credit requests get denied, credit available is at rates 5 points higher than before5- notes are accelerated by lenders6- legal fees are added to principal balance owed7- the lender accelerates the loan8- interest rate is increased from the current Rae to the “default” rate9- late fees are added to the principal balance 

Steve Weathers with Pillar to post is thorough and fast, as he works with his son.

If you have any information that would help I would greatly appreciate it thank you.