Do you have a system to verify income, creditworthiness, eviction history, and rental references?

The terms can vary, but the goal is often to cash-out refinance later and use the property's increased value to repay the private lender.To qualify for private or hard money lending, lenders typically look at factors such as your creditworthiness, the property's potential, your experience as an investor, and your ability to generate positive cash flow from the investment.Please feel free to send me a PM.

Down Payment Requirements: Second homes typically require at least a 10% down payment, while investment properties may require 20-25% depending on creditworthiness.

It's usually the member/borrower's creditworthiness that is the issue and interferes with approval, not the LLC. 

You might also want to check their creditworthiness, especially for larger transactions.

If you are not finding good deals money wont find you.If you earn a decent wage and are credit worthy you can start investing by house hacking a multi family with a low down payment mortgage.If you have no money or credit your best best is start finding deals and bringing them to other investors who have money.

I skimmed through it .. basically they are saying take a loan on your house  then loan that money to a credit worthy company/individual and make the delta just like any lender in the US that uses OPM to lend to others and make the delta.. although they talk about a sweep account so if your on top of it you can knock down your interest quicker than doing it manually. the real question is who are these credit worthy partners to lend to.. this could go turtle very easy .. 

@John Lasher If you are still looking to spend $20k-$30K for a coach, I would be happy to take you up on that offer :) For full disclosure,  I will share with you precisely what you can learn online/ perhaps even entirely through these BiggerPockets Forums but that doesn't address the reason why most are still unable to purchase larger assets: creditworthiness and capital relationships.

.- Creditworthiness: German banks assess your financial standing, so keeping accounts in good standing is critical.4.

Here are some general guidelines: Lien Position1st Position LienEquityMinimum Down Payment of 20-25% (a 30% equity to sale price is preferred)Down Payment made in certified funds and not borrowedMaximum Funding of 70% ITV (Investment to Value)SeasoningMinimum of two monthly payments already made12 months or more preferredPayer CreditCredit Score of 650 or higherNo major derogatory trade lines (No 90-180+ days delinquent, foreclosure, repossession, bankruptcy, etc.)No decline in credit since purchase of businessTermsPrefer 60 months or lessMaximum of 72 monthsNo Balloon Payment preferredCash FlowBusiness has positive cash flow1.25 debt service coverage ratio preferred.DocumentationPersonal guarantee from a creditworthy individualStandard documents including Note, Security Agreement, and UCC-1 filing.Tax Returns on the business that substantiate profit and loss statements.OtherPayment history current and verifiablePayer Interview indicating buyer is satisfied with business and comfortable making paymentsMotivation for selling the note is not a result of a deteriorating businessConsideration of high risk businesses or geographic areasIn these situations, sometimes a partial is a better option.