I am about to start a project on a house and my contractor says that instead of replacing the current roof he can do a "nail over" of new shingles on top of old.have you ever done this?

Glenn I forgot to mention that being built in 1955 you most likely will have issues with lead abatement with the new EPA certified rules which will increase your rehab cost.I don't know why everyone gets worked up on a house being close to a commercial property or highway.The value of the land the house sits on is often worth way more for development than the value of the house that sits on it.You can still have someone pay you to haul off the house or gut it for parts and make some money that way.I love land next to commercial and know exactly who to market it to an dhow to sell it.Now if you are in a big subdivision with track homes on small lots that backs up to a junkie commercial business that is another story.The reality is you are probably not going to assemble all the homes for a commercial project because the front piece is the most valuable and everyone will want to much for their house making the project total cost unfeasable.

We have a "webdav" collaborative environment at my day job, so I can use that in combination with goodreader to store documents and books.

My guess is that you are over your head and should start with a smaller project.

The fund and each of the partners will JV on each project according to how the capital breaks out at any given point in time.

I was so excited to embark on this new project, and I place a bid at 20k (hoping to end at 25k) turns out there are 4 other bids on the property!

Note that this pool will also compete with your desire to procure more debt from the same source as new projects crop up.Originally posted by David Beard:Obviously comparisons to equity market volatility and low bond/CD yields are your chief selling point, and are compelling.Possibly.

Not many super bargains to be found.I think the market for flippers is pretty good if you want major projects and mold elimination.

There is a DSCR applied to the project that is being lent, and to you globally.

Sounds like you could put your cash to better use to acquire a larger project with that kind of money.