Networking is always a great practice and you never know who you might meet there and what good information they have to share. 

These can sometimes offer better prices than big box retailers, especially for bulk purchases.- Wholesale distributors: If you're doing multiple projects, consider establishing relationships with wholesale distributors for better pricing on bulk orders.- Closeout and overstock stores: Places like Floor & Decor or local overstock outlets can have great deals on flooring and other materials.When choosing between Home Depot and Lowe's, keep in mind that both offer price matching, with Home Depot often providing an additional 10% off.

There are several integrations that you can connect to QBO from Airbnb and other websites to get all your information synced over for each transaction and you can get AP Softwares that help with paying bills for you too. 

.$5mm PP = $250,000 acquisition fee, let's assume they are raising $2,000,000 in equity for purchase and upgrades, this means acq fee is really 12.5% of equity.Loan Guarantor Fee: $5mm purchase, let's assume $3.5mm loan.  

Little did I know I'd purchased a place right next to a crazy lady.  

I've dabbled in the new construction space here in Chicago and there is A LOT that goes into it...I'd highly suggest spending some 1:1 time networking with some other investors like @Jennie Berger or @Prashanth Mahakali who are both Chicago developersYou make your money with the land purchase and then systems/processes/volume over time in the development game, but it's not easy and competition is high!

Looking at a portfolio purchase.  180k purchase price, 20k down, balloon after 5 years. 

Borrowers that purchased during the last 24 months, particularly with alternative mortgages such as DSCR loans at elevated rates could see worthwhile refinancing scenarios in the very near term just as any early payoff penalties are expiring. 

I want to purchase my primary home there with creative financing options, because like all of us I want to set more favorable terms than the traditional lenders can set.

I lent $225,000 of which $185,000 was for the purchase of the property and $40,000 is going toward renovations.As a lender I just want to get back my loan amount back (in this instance $225,000) if there is a total loss with the property.I have seen where a lender tells the insurance agent how much property insurance he/she wants based on a price per square foot calculation.On the other hand I have also seen where a lender tells the insurance agent that the amount of property insurance should be the loan amount in this instance $225,000.