All Forum Posts by: Ryan Logsdon

Jason Hastings, I would not pitch the development idea at all. Very little good can come from a pitch without a network of trusted and experienced individuals in place.

Instead, go to RE clubs and meetups, and let people know that your focus is on development. For the people whose ears you've caught, show them what you can bring to the table. What are your talents? What are your assets? See who you work well with. Build report. Sign NDAs. Then pitch away.

It's more important to line the horse before the cart than to pitch a hot deal and get jaded when it falls through due a lack of experience.

Good luck.

Just as Mike H. said

If it was cheap wood, sure, paint it. But that wood is beautiful, albeit outdated. I'd put a dark stain on it.

As Ali Boone said:

Best example: if you're sued, the umbrella underwriter provides you with an attorney to protect you. Compare that to an LLC where you have to pay the attorney out of your LLC's pocket.

FHA is a great program, but the mortgage insurance is a killer!

Keela Chambers I looked back at a friend's numbers from early 2012. His purchase price was $60,000 with a PITI of $380. So your additional insurance is in line.

If facts are insulting, it's gonna be a rough thread.

There's playing devil's advocate, then there's this quote....

A single, bad appraisal in the future could poison your 80% interest. Allow for multiple appraisals with an appraiser (or appraisers) of your sole choosing.

Corey Dutton, Wayne provided clear facts. Your argument is replete with errors. Why don't you try to be constructive instead of smearing companies and smearing fellow BP members who disagree with you.

I don't even understand this. By being in business, it is by very definition, providing competition.

Maybe Corey Dutton, you had a poor experience and would care to explain it?