The concept has been around for at least 20 years.

Instead I really appreciate the concept of Dollar Cost Averaging.

Has anyone started using A.I. to help generate concepts for your desired rehab to show your contractors?

Reach out if you have any structural questions and/or I love looking at project concepts and house designs. 

I do not have any experience in this category, but I am very interested in the concept, and would like to learn more

@Jonathan RiveraAt the least an OOS investor should go and check out neighborhoods and meet with potential PM's before investing a single dollar.the turnkey concept works for some but more threads on BP talk about missed expectations from the turnkey operators.

@David M.You are correct; the self-directed 401k concept is the same as the self-directed IRA, but there are differences.

How many have you sold to prove your concept? 

Purchase price: $590,000 Cash invested: $200,000 This new-construction home offers an open-concept floor plan with 9' ceilings on first floor.

With that, we became the American Association of Private Lenders—and we began spreading the word.Finally, Some DefinitionsUnderpinning the concept of minimizing the use of “hard money” in our industry is a recurring theme of standardization—that the root of the issue is too many interpretations of what the same terms mean.We offer up the following definitions for discussion, debate, fine-tuning, and eventual consensus [last updated 5/9/2022]:Private lender: Any non-depository individual or entity that primarily originates business-purpose loans secured by hard assets, generally real estate.Hard money lender: A subset of private lender where creditworthiness is determined solely by the securing real estate collateral.Correspondent lender: A subset of private lender where the closed loan is sold to investors.Portfolio lender: A subset of private lender where the closed loan remains in the lender’s portfolio.Fund manager: A subset of private lender where, depending on the fund structure, the deployed capital is sourced by offering exempted securities to accredited and occasionally non-accredited private investors.Private investor: An individual or entity that seeks a return by deploying capital through a private lender or fund; the investor may or may not be named on the loan’s promissory note.Private money broker: Any individual or entity that acts as an intermediary between a borrower and a private lender without directly originating the loan.