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Updated over 3 years ago,
Looking for CPA with experience working with Private Money Lender
Looking to connect with an experienced CPA who has experience working with private money lender's. I work with Private Money Lender's to acquire multifamily properties at a favorable basis as an "all-cash" buyer. I then refinance the PML out after renovations with a new loan (assuming LTVs and market value allow me to do so 100%).
I have come across a unique situation where my traditional strategy may need to be altered and I am looking to get a better understanding (from the lender's perspective) of tax implications of short-term PML so that I can make a thoughtful proposal to my lender.
Any connections would be very much appreciated.