Use a 2nd position heloc to absorb your paycheck, once your paycheck is entirely paying off your heloc, then it is safe to advance $3000 or $5000 extra against your heloc to make a principle payment against your 1st position heloc.

The Importance of Honesty and Ethics in Private Money LendingAs a private money broker, I am in business to earn a living, but profit should never come at the expense of honesty and integrity.

Farmers are some of the most ethical humans on earth.

Kitchens:-I've been playing around with more expensive quartzite counter tops following the same principle as tile: not a lot of square footage and can really make the kitchen standout.

Interest is mort only, and taxes are income, not property taxes which are in COGS)Then I do depreciation, loan principle and interest, etc to get reportable income.

These are professionals with additional training and a stricter code of ethics.

I’m new to private money lending, so while I understand the concepts in principle, I’m still figuring out how to identify and connect with these investors in practice.To clarify, I’m targeting 6+ unit multifamily properties, and private money is a way to scale my expertise from smaller properties into larger ones.

We still use some of those same principles today.

In addition, the platform idea follows principles to make the best user experience and reachability possible, so any user (investor or property owner) will be able to just go onto such platform and, without leaving from it, set up every aspect to start the cash flow process in not months, not weeks, not even days or hours, but minutes.As for the yield, whether these tokens can beat an 8% return really depends on the property and how it’s performing.

I do believe we have the greatest, fairest, and most equitable system when everyone is being honest and playing by the rules, and acting in an ethical manner.