Speaking for myself I would never consider a Sub2 unless I knew I had alternative exit strategies to take out that underlying mortgage either by private money, conventional, or other routes.What is the significance of the " default judgement states," versus what we have here in WA, OR, CA ? 

It serves many benefits for both buyers and sellers and if a law had been passed long ago that all such private transactions were required to be serviced through a thrid party, we would not have as much regulation addressing the issues we have today, specifically, the individual investors under the SAFE Act!

His tone on the phone changed & he told me I was not qualified to say that & then he ended the call.The below summarizes the program & money they asked for, there were 3 levels of entry:30k gets you (12 private one on one calls with Peter Harris, 4 weekly calls supposedly as long as you are in the program) & there is also 20k & 10k entry points, each with less calls as described above.You split the profits with him 50/50 until you reach 1mil profit then supposedly they will pay you back the money you invested into the program. 

In addition, there was a section for private money lending, which is now locked away, unless you send your "deals" through the admin staff for them to review before sending it out to the other "flipsisters" private money lenders. 

Partner Driven financed this deal through a combination of private capital and strategic investment funds.

And advice is appreciated.Hi James,If you no longer reside on the property, it might qualify for a ground-up construction private loan for non- owner occupied properties. 

When you refinance after a few years this is no longer necessary and the appraisal can be much higher.The regulations for selling before 10 years only mean that you will be taxed if its held privately but with the BRRRR strategy you don't sell, you just refinance.

I am an investor first but I also am a realtor and private money lender.

Now we have to pay some PRIVATE organization to be able to do our jobs.

I am looking to gradually start buildling my team again and would appreciate solid references  for the following specifically in the Cleveland, Ohio area :- Investor friendly real estate agent - small bank lenders/ private lenderes- inspectors- appraisers- contractors Thanks in advance, and happy hunting :)