When you get a property under contract, let me know if you need funding for EMD or double-closes.

Quote from @AnnMarie Bacchus: I am a newbie RE investor (currently getting approved for a HELOC to fund my first purchase).

I think if you have the funds, put it towards the washer and dryer.

What type of funds are you using to purchase your current deals?

Quote from @Bonnie Low: Hi, Sonni!

And besides high HOA fees, low HOA fees can be an indication of high "one time" fees for improvements. 

I used to do mobile home sales and I used to charge a rate of $3000 flat because the purchase amounts are so low.

Investors are hounding me weekly with low ball offers.

However, the guaranty would only apply to the specific property after the lender has exhausted getting funds back after a foreclosure - so its less a worrisome guaranty than if you were just overall guaranteeing a business loan, since the real majority of the collateral and recourse is going to fall on the property

Exciting perhaps, but high volume, low margin contracts.