I'm not going to buy Walmart or Microsoft at the start up stage as a speculator because I saw huge appreciation potential before anyone else... but I'll sift through the solid performers and try to find the corner cases that are neglected and get predictable and above market returns.

not really. i think a good inspector will catch the same things for HO or investor. a bad one will miss-inform both types of clients. just watch Homes Inspection and you will see crazy stuff inspectors miss.having said that, i never hire an inspector. i know more about houses and home improvement than 90% of them. by the time i place and offer i have already inspected the house. i put "no inspection required" and they think i am nuts. one more way to sweeten their "deal" and make them accept my offer.

Without this clause you could perform a transaction and not really acquire the property.

I'll echo some of the earlier comments : "over-improving" a flip.

Back end can technically go to 45%, I think, but only if excellent credit and compensating factors that will improve the ratio in the next 12 mths, for example.

Comping properties is an artform and takes lots of practice. many RE agents can't even perform such a task for rehab flippers, even with all their access to MLS data.The key to evaluating your exit value (ARV) is to really know your market, know what it was doing and what it is doing.

Last time I did it the utilities required one of their guys on the roof lifting the lines as it moved down the street and each lift was $100.Several would have cleared but the jerk lifted them anyway, with a big smile on his face, hope his limp improves someday.

If you broker only commercial loans, you don't need a broker license.I made this comment in the context of this thread and this company, which takes applications, performs MLO activities and caters to residential customers.

My ROI went down a bit, but my quality of life improved 100 fold.

Lenders who can perform I don't know why people wouldn't share them for the benefit of others.One of the only reasons I could see is that the private source only has limited funds to give out and the buyer wants the source for themselves.Another reason could be that with more applicants to the source the buyers deals take longer to close or other buyers wanting the money offer better rates to the loan source to get the money.In these situations I could see why someone would not want to share their sources for funding.