One accountant said it’s not subject to self employment tax since it’s considered passive (but origination fees and other loan income fees are subject to it.

@Joe Villeneuve I have a similar situation, I have a 743 fico score, with a credit card that have a remaining 12,000 to pay off a 20,000 card.

We also have a screening requirement to do a video interview with any applicant having a FICO score under 620 - the whole point is to have them show us their kitchen, bathroom and one other room.

If they wanted to pay for the updates and agreed to restore the property to its original condition (if you wanted them to) after they left, you would need to allow it. 

Originally posted by @Sandra PIrtle:DocumentaryWatch the video.

Through an established network, I hope to facilitate connections between buyers and key professionals such as lenders, tax advisors, attorneys, property managers, and contractors, ensuring a smooth and successful investment process to the best of my ability.If you're active in the Raleigh area or surrounding regions, I’d love to connect, learn from your experiences, and explore ways we might collaborate in the future.A bit about me if you're interested -Originally from Cleveland, OH with an established career in Casino Marketing.

However, one has the credit score while the other has the rehab IQ… how would you structure the deal between two partners for starting out?

That's the category of lender you want to avoid falling into.This is a roundabout way of saying if you can show real value to your borrowers by understanding their business you will attract the best quality borrowers with the best collateral and can charge a premium for your services because they are the borrowers who understand what's most important in a lending relationship and its not solely the rate or origination fees.

CA allows multi bene loans but they must be originated  by a CA RE broker.

We had factored the cost of the repair into our original offering price and the seller was unwilling to negotiate further.