They most often also have similar views and values on the assets due to their lack of involvement with the specific geography and ideas about repairs and improvements.

I imagine a lot has changed since you were on the site several years ago, it seems like there is something new and improved every day.

The 4 buyer types: The emotional and practical buyers, who made decisions fast, and could be persuaded and closed relatively quickly if the product made sense, and the analytical and amiable, who take FOREVER to make up their mind, even if it was best for them.Lesson here, know who you are talking to, and use that info to be successful!

I recommend finding some properties that provide a taxable income.Your personal mortgage interest should still be deductible provided it was used to acquire or substantially improve your property.Those losses you cannot deduct are called "Passive activity losses"(PAL).

That is how I have always done it and it is pretty accurate if you take a 5 year look at a property with capital improvements that need done.

In addition to what Ken mentioned, there is also the FCPB, they can just look at a deal and find it as a bad business transaction, in line with fair trade practices.

This is mostly due I believe, to the 60M high school, and 23M other improvements in educational structures and purchases they made in the last 3 years, and a few other improvements to a sprawling community 30-45 minutes outside of a large urban area.

How likely is it to find a bank that would loan on a home improvement as a second lien holder and keep the interest rate under 6%.

Is this an active practice or a thing of the past?

How can I improve my experience in finding a good GC for renovation work?