Gil,

dont waste your time - as a real estate lender ( and im sure others would agree) it isn't worth the time or money to look at something like this. lets say we agree to put out $40,000 for 12 months at 10%. i get a whopping $300 per month interest.... its laughable.

2 problems i see here... 1) what is someone going to do with a $10,000- 40,000 property? 2) if someone calls me and says they are a real estate investor and i need a loan for $30,000, and they dont have this in a bank or have other means to get the money other that calling a private lender, i would be very concerned, this is the type of deal someone will walk away from if they can't pay.

Ill help you find bigger stuff, call me.