Do we just go for it with hard money???
My wife and I have been in the mortgage and real estate business for 16 yrs purchased 3 properties in CA & lost everything in 2009. With our credit and cash healed sufficient to now look at hard money to bridge our gap of cash. We'd like to start with something simple $50k cash purchase with a $20k-$30k update cost with a $125k min $140k comp'd neighborhood.
Note: My wife is an agent & has 2 investors who have done this 6 times in the past 36 months so we feel we know the numbers & there is allot of similar properties..
Do we just go for it with hard money???