If you are lending to real estate investors - you should secure it with the real estate that they purchase with the funds.In the chance that it is still unsecured and it goes unpaid - you are eligible to report a business bad debt on your tax return.This loss would potentially be able to offset your other income reported on your return(W-2, interest etc).

. $5millions2 Commercial loan from one bank $8millionsMy business went down so bad.

Is using credit card debt a bad idea?

Full time in RE can be a really bad idea.

Yea its not a bad little area.

So it might not be anything you're doing and just a run of bad luck. 

Been working with several investors on flipping houses in the Houston/Dickinson Area where flooding was bad durring Harvey. 

All of the data is shown right in front of you, and you have to apply your own heuristics for selecting the appropriate comps including their age, distance from the subject, counts of rooms, size within of each other, lot sizes, etc.We can discuss all day long about how good or bad Zillow data is, and honestly, it depends very much on the market, and how quickly a sale gets reflected in the public record.In my SoCal market, it's actually pretty quickly, and I often end up using a blend of suggested comps from Zillow and my own comps that I import from other places such as Redfin, your free MLS alternative.

@Michael Arreola Looks like you made the best of a bad situation.

I've seen rates increase a little but not too bad.