The drawback is you need to build trust and relationships upfront.Both have their place, but private money tends to offer more flexibility, while hard money is more structured and accessible if you lack personal connections.

@Emily CurtisI am a BP Pro Member with login of my personal email I have been using Stessa for 3.5 years using my business email address for login.

You can’t use the property personally for more than 14 days or 10% of days rented, whichever is more. 

My goal is to wholesale some properties single and multifamily to build some capital while fixing my personal credit and building my business credit.

Personally, If I could pull out a HELOC, I would use it to fix and flip which will typically make sense as you shouldnt be keeping the money out for that long and you can recycle it or pay it back and build off the capital that you got from. the flip.

Have you calculated what your (monthly nut) is you need to survive business wise and personally?

Just be mindful that you can't 1031 a personal residence but it might be eligible for capital gain exclusion from section 121.

I would spend money to enhance and update to current standards the search functionality and person to person tagging so it's easier to find stuff.

Your ability to connect with them on a personal level matters more than your offer.Think about it:  • The “Used Car Salesman” is only focused on closing the deal as fast as possible.

I warn people over and over and over to know what they are buying and to go personally see what they are buying.