I haven't been there, but my friends told me that it's highly competitive, and a lot of due diligence has to done on these properties.

Hi everyoneI was wondering what kind of due diligences I need to do has a Canadian if I would like to buy a piece of land in Florida.What is the legal process?

I am a diligent worker and I am looking for people who are like-minded to work with.

That 8% rate was friends & family a couple years ago -- these days, there are plenty of high-net-worth individuals who are happy to lend at that rate (or just a bit higher) for a relatively secure return with an experienced/successful rehabber.You will most certainly be able to find rehabbers willing to do a 50/50 split -- and maybe even better -- but, these days, those are typically going to be the newer investors who present greater risk, will require more due diligence and will need more oversight and hand-holding to ensure you get your money back.In my experience, hard money lenders are hurting for business these days -- I know plenty of HMLs who are sitting on a lot of cash and are willing to compromise on rates to work with more experienced investors. 

You can get to 50+ units in your first deal if you connect with the right people and do the right due diligence.

Hello I am a newbie to bigger pockets. A friend of mine is considering investing with a developer. The developer is offering a return of 50 %, on funds. With the project scheduled to be 1 year, before funds ( and prof...

Do your due diligence and then jump in every education is going to cost you something.  

Same with good ole American lending fraudsters that will promise you funding or loans you just need to send them due diligence money up front... there are companies that survive on due diligence fee's and either never fund anything or fund very few things.And some of these guys actually go for some big dollars  25 to 100k  and then walk off with it.

I also know I still have a lot of due diligence to do but just want to get your feedback before I spend a ton of time on it 

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.Download BP’s newest book here some good due diligence in Chapter 10.