Quote from @Jaren Taylor: Quote from @Chris Mason: If you have the ability to market and raise money, then you secure the down payment, and do the normal commercial mortgage process. 

I understand that you borrowed from VCF, but I'm curious if you talked to any local banks/credit unions to comparison shop and if they were competitive?

I’d love to hear from anyone who has done this before, how did you structure it, and what worked best for both parties?

This is an Interest only loan product that typically lends at 65% ARV. 

Quote from @Jay Papasan: Quote from @Jose Alonsoo:Good after noon real state family.I have an opportunity to but a sub to property right now.

But that honestly looks like it is all set up to try and be a banking solution (ie, get as many users keeping money in BaseLane's bank accounts so they can make that sweet sweet float on the interest.

This could be a great option for your property as well.I recently met an investor at a networking event who specializes exclusively in pad splits.

Special thanks to Grayson Glaze, CRE, CCIM, CPM, JD for inviting me to speak about my collaboration with Alabama Center for Real Estate to make my educational materials available to UA’s 800+ real estate students; to Jack Kobus, president of the Student Real Estate Investment Fund for hosting this event; and to the many students who attended.

I too, am interested in Raleigh area.

You are going to need to see their tax returns to see if they are telling the truth.And what is the interest rate that they are offering you?