When someone presents to "tap" Private-$ we want to do as little thinking as humanly possible, that's to say the burden is on you the proposed borrower to present a complete, detailed "pitch" outlining the allocation of every cent, contingencies, time-lines, data supporting each action item.

Also, be sure to clearly outline the agreement you have with your investor in a signed document so that there is no confusion on the back end.

Create a Solid Business Plan: Outline your investment strategy, including expected rental income, expenses, and occupancy rates.

When our Legal Section files what we call an “Accusation” outlining the findings, we will be able to share more specific information with you.

Hi Chris, Appreciate you outlining this, were these flips all in Phoenix or did you expand markets? 

@Douglas Skipworth and Dean Harris of Crestcore have a great podcast and a video outlining all the zip codes in TN as well.

This is covered under Regulation X (1024.5(b)), outlined here: https://www.consumerfinance.gov/rules-policy/regulations/102...

So to clarify the how, why and what of hard money loans, I have outlined a very simplified explanation of where we as a hard money (commercial real estate ) lender come in1.

You basically outlined your issues and no one can help you with that. 1) The market is the market.

I am having trouble with my borrower, and this experience is serving an in depth master class learning experience  ;-)  I may have to move forward with a foreclosure.Within the context of what you have outlined, what then is the difference between Mortgagee/Loss Payee vs.