Well, a friend of mine (very wealthy) participates in funding some loans this bank makes.My current set of questions will revolve around what their lending guidelines are, what types of portfolios/properties/deals they'll lend against, if they have any bad assets/loans on their books they want to dump, and where/how a small fish like me can become a bigger part of the food chain.

The bank is taking a bigger hit so that an investor can skim some money off of the deal.

Hope you enjoy being with us on bigger pockets.

Hello to all on Bigger Pockets.

If you haven't done so yet , go to the resources tab on top of the page on Bigger Pockets .

If it's a bigger job ask for an itemized estimate, and have a penalty for not completing on time except for weather conditions.

Cap rates on the bigger, modern, well kept parks are much lower than what you are trying to do.

So thank God for Bigger Pockets.

I'm not sure what that looks like, but I guess if I did, I'd be trying to predict bigger issues.

The money in the rehab biz seems to be massive and this should be even bigger than the self help thing when I get all the pieces in place.I've got 2 properties in LA, and I'm selling one of them to get into a 4plex with a few co-investors.I bought the property for 420K, and I expect to get somewhere between 630K and 670K when I sell.