My thoughts on this platform are that it's another money grab.

Looking for help and suggestions- I want to say I have learned my lesson and now know to use a third party to hold funds.This is my first time working with a private lender/family member.

Hello Gagan, Some important tools and resources I incorporate into my business to help finding deals is to network with local investors.

Any insight into the kind of options we may have for something like this and how qualification for a small hotel differs from residential conventional loans would be extremely helpful.

Upfront expenses and monthly payments must be considered when calculating the return on your investment.EXAMPLEYou cash out $100,000 of your equity and use this as a down payment on a $400,000 investment property.

Hey Paul,This is a great question, and it’s smart of you to dig deeper before trying something like this.

Happy to connect further to help with suggestions.

It's not common, but it doesn't hurt to ask.Keep in mind, this is a method of determining how they maintain the rental.

I suggest running an analysis and just sharing it here on BP.I am also happy to hop on a call and point you in the right direction based on some of my experiences- no matter what, keep at it...this stuff takes time.If you get a deal here in Chicago and need to partner up, I am your guy!

The one negative from this month’s report is rent rates, surprisingly went down.