The other three often don’t cover the full operating costs, so you lose money every month when one or more units are vacant.You also have more components that can break: 4 x appliances, plumbing, HVAC, water heaters—more repairs and more expense.The issue isn’t whether multifamily or single-family is “better.”

Nobody disclosed anything either.Before you spend a day of your time working a deal with anyone calling themselves a direct lender ask three questions.Who controls the underwriting and makes the final credit decision.

Five years ago I was the only offer on half the deals I looked at, now I'm competing with 10 other flippers on every decent property under 200K.

From the operations side, here's what we're seeing across the private money shops we work with:The lenders who are winning right now aren't choosing one factor over the others—they're weighting all three dynamically based on deal type.

January industrial production posted its strongest gain in nearly a year, business equipment orders surprised to the upside, and housing starts climbed to a five‑month high at +2.8%— all signaling that growth remains resilient.

By the time they realize the deal stalled, five other investors have already moved on to the next one.

It's almost like they don't realize that most things, including many alarm clocks, are now connected to the internet and manage all of this for us.I am down to three physical clocks around my house that I need to change, and three watches, but cell phones, oven clock, Garmin watch all make sure I know what time it is.I would use these notifications from realtors and loan officers as good reminders of who I should NOT be working with.

A deal that looks perfectly fine on today’s numbers may not cash flow the same way two or three years from now.

Most of the deals I've done in the last five years didn't close on the first conversation.

In some cases, Van Gundy sold the same mobile-home investmentto as many as five separate investors.