Private lender says no triplex houses
I know most here deal with all kinds of stress in our lives, so I had to share this funny story.
Last night I was taking to a potential private money lender, a sweet old widow, and she was finally at the point of committing. Then she says "but I don't want to hear anything about those triplex houses". But the way she pronounces it is like you would say XXX houses. And after a little discussion I find that she thinks triplex homes are essentially porn centers, and she "wanted nothing to do with porn, being religious" and nothing I could say would convince her otherwise. So finally I replied that I would not be investing in any porn houses, with her or anybody else's money.Since I invest in SFRs only I was willing to commit to avoiding XXX houses, I guess if I come upon a great deal for one I'll have to see if I can find a XXX buyer to wholesale it to.