Mortgage investment opportunities - Overheard real-estate agents
Anyhow, also looking at data one probably can't find more than 3-5% ROI on real-estate when considering a 10-year investment.
So, my question is what are the criteria for such lending practices?
I think he was talking about private mortgage.
- What are the risks?
- How easily or hardly is the cash available once invested?
- Where can one find these groups or opportunities?
- What is involved in doing this sort of deal alone? (i.e. someone lends $200,000.00) - is it more risky than being in a group?
- What are the costs when someone goes belly up and house has to be possessed?