still trying to make this work but it’s roadblocks everywhere.
i am learning more about the national mortgage system than i wanted to know tbhhttps://twitter.com/amyhoy/status/1202747779690315776 …
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Amy "Social Distancing" Hoy Retweeted Amy "Social Distancing" Hoy
i’m told we can DEFINITELY make this work with a rate of 10-12% lolsob fmlhttps://twitter.com/amyhoy/status/1202747779690315776?s=21 …
Amy "Social Distancing" Hoy added,
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if you’re interested in learning something weird and safariing an interesting niche community, look athttp://biggerpockets.com
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i’m an extremely risk averse person, that people speculate on real estate with short term loans is UNTHINKABLE to me
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Replying to @amyhoy
Such an interesting comparison with our patch of bootstrapperdom, where "OK you're going to put pedal to the metal for N months with sweat equity and maybe make a few tens of thousands of dollars" sounds great but where you don't follow it with "Price of entry: $90k loan @ 12%."
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Peanut gallery: There's a lot of ways to do real estate; this is using hard money to do serious rehab work on a cheap property, contingent on oneself having sufficient skills/enthusiasm to swing hammers and paint walls.
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