There's plenty of info to soak up on BP but make sure you also attend local meet ups, even if they might be on other islands and network with local investors.

So, a couple of years down the road, your seller gets tired of being on the loan and contacts the bank to get off of the loan. 

For me, those markets are Memphis and Detroit (and a couple others).

I don't think I would charge anyone for a chipped handle or two for a couple reasons.

($5,000 / 1% = $500,000) --SeanHi Sean, a couple quick points: 1.

From my experience, attending local meetups, lending-specific events, and networking with experienced investors can open doors.

If the market value mentioned above is accurate and the “initial” loan balance hasn’t increased by rehab funding, I wrote above that the proceeds are just a couple million after closing costs and commissions.

I had a couple people try to claim that you could pay off your mortgage in just a few years with it so I looked into it.

But I haven't found one better and I've been trying for at least the past couple of years. 

In addition to making connections here you should try to attend some local in person meetups.