NO SUCH THING> American Greed episode on Remington Financial is a must see for any one looking to borrow private money and has never done so..

@Michael YennyIf you are an eligible Coinbase customer, you can borrow up to 30% of your Bitcoin (BTC) balance on Coinbase, up to USD $100,000.

New to borrowing money.

Inexperienced private lenders may prefer that the borrower draw up the contracts.

As long as our industry is full of idiots afraid to say "I don't know, let me check," we can't hold it against homebuyers and borrowers for double checking things.

First and foremost, if I borrow from a "hard money lender" who has funds originated from a "Drug Cartel" or an "Organization Sponsored by ISIS" or any other shady resource, how would I know?

At the risk of sounding like a boring, vague, and painfully generic article, you will need to consider your credit history, income, assets, and liabilities among other things (as well as those of every co-borrower or co-signer).

That equity allows you to borrow MORE, to buy MORE (cash-neutral ones), with MORE equity!...

@Mindy Jensen Here is a straw man answer to the the generic LLC question.  1) If you don't have either a lot of assets in banks, brokerages, or real estate OR a big W-2 income that could be garnished, stop here and don't bother with entities.  2) If you are in California, the minimum franchise tax of $800 per LLC per year makes LLCs an expensive approach to asset protection.  3) If you are buying single family homes and want to get mortgages it is way less expensive to buy and borrow in your own name.  4) If you are still reading this because you are wealthy, live outside of California, and use commercial lenders, then you definitely have a lawyer you can talk to, so why are you asking this on the forum?

Which WON'T happen if you haven't bought "cleverly" enough.Yes, you'll end up borrowing more than you did at the start.