We were only into the deal for $128K (85K purchase + 1K closing + 42K rehab), so we received all the money we had put in, plus a small payday.

If VA lender requirements and Payday loan had a baby, it would be called Lima One Capital.

Heck, it might even help weed out the part-time Realtors who give poor service in hope of a quick payday. 

Wholesaling is really difficult and takes some money up front to buy lists, put up bandit signs, and send direct mail, but can offer big fast pay days of 5-20,000 per deal.

Valuable lessons like this will certainly lead to bigger paydays and a prosperous investing career.

Dreams of starting with nothing, spending no time working on your business and having fat paydays are just that - dreams.

They recognize that good landlords will really check to see if they have had an eviction or other claim, and that they are in fact recorded.Credit I haven’t had issues with- my last few had better credit then me.I think too many landlords charge a fee and pocket the money, trusting “their gut” or a fast payday and ****** tenants know it.

It’s kind of like payday for a W-2 or the first of the month as an active investor when your tenants pay their rent, but it’s even better: YOU DON’T HAVE TO DO ANY WORK TO GET THESE DISTRIBUTIONS other than the due diligence on the front end before your initial investment.

But I gave up the home run to make a VERY HEALTHY payday for about 10 hours of work total.

You are not a pay day loan office.