The home I'm buying is projected at 1.8% and it's definitely not a war zone (come on, it's Utah!).

One of the things that repeatedly comes up with potential JV (active) investors is the question of where the money resides while the project is happening.

He gets one and I let him know that if he does the right thing I have more projects for him.

Basically what happened was the builder did not complete the project and built only about half+ of the town homes, and some are not paying HOA now, so effectively there is a 50% HOA deficiency.

it's an investment with a projected return and risk level.

Was this your first project?

Yes Josh I came late but will check out the site, mess around, and connect with some investors on here for projects here in Colorado.

Okay hard money pros...Scenario:-A fully licensed real estate (deeds...not money) broker in California wishes to make hard money loans at very high interest rates in trade for aggregating money sources for fix-and-flippers and providing the fund apparatus where they can pool investors' money-The broker/lender inserts a choice of law provision in the contract stating that the laws of California apply-The broker/lender loans on projects in other statesI read in other posts that people have received advice from attorneys stating that the choice of law provision somehow "imports" the rules of Cali and allows one to lend at usurious rates.

I have a decent job that I cannot give up right now but want to provide a better life for my new wife and future children going forward, and I truly believe real estate will help me do that.Along with building my network as a real estate agent, I want to start my first flip project during the first quarter of 2012.

(this is my first project) It can rent for 950$ on the low side, 1050$ on the high side.