We had to wait out the First Look period, but once that passed, we secured the property below market value.

My main concern is whether it's hard to meet their criteria for properties and secure funding.

Seller Financing I am the buyer with 30 days to purchase the property and want to simultaneously market it as rent-to-own,  how can I structure the process effectively:Can I structure the deal this way, so I can secure a tenant-buyer while working to close on the home myself,  minimizing my risk and creating a win-win situation.

Renovation costs would need to be financed separately.Private Lending or Hard Money: Use a private or hard money loan to acquire and rehab the property, then refinance into a joint long-term loan.Seller Financing: Negotiate terms directly with the seller for a flexible financing arrangement.Final ThoughtsUsing an FHA 203(k) loan for your first property is a smart move, and with the right partnership agreement, you can still achieve your 50/50 goals.

Here are key factors to consider when searching for a reliable broker.A good private money broker plays a pivotal role in facilitating real estate investments, serving as a bridge between investors seeking capital and private lenders willing to finance those investments.

IMO I do not believe they properly screened my tenant, just placed a tenant so they wouldn't have to cover the mortgage until a proper tenant was secured.

That's how security issues gets fixed.

He collected first/last/security payments prior to move in date and was never heard from again.

How about a fine for those who use ChatGPT to write those generic threads like “How to Get Into Private Lending” or “How Great Private Lending Is”?

Permitting also secures compliance and avoids fines, which can be significant in LA.This post does not create a CPA-Client relationship.