Title: The Hidden Dangers of Underwater Fix & Flip Projects: The Erosive Power of TimeThere's an escalating situation within the fix & flip domain that we feel needs to be brought to people's attention - underwater projects.Underwater projects occur when the outstanding loan value surpasses the current market value of the property.

Just won an auction and need help learning the contractor ropes.

A few things I’ve learned that might help:Raising Private Capital: It all comes down to trust and transparency.

No documentation loans - income was not verified - loans based on stated income 3.

while it's certainly important to have a knowledge base on what they do, i don't know that working for them is necessary.  

So I have a bit of a "learning moment" on my hands with my first property.

My name is Jayal Pansuriya, and I'm just starting out in UK property investment with a keen interest in finding below-market value (BMV) deals and building a portfolio focused on buy-to-let.Right now, I'm learning everything I can about sourcing off-market deals, analysing properties, and understanding the legal and financial side of investing.

There are exceptions of course, but when you pick the wrong guy, it can be a really painful and expensive way to learn. 

Based on feedback here.

There are so many things that you can learn through this forum and books.