From the deposit account, those payments can be swept to where they need to be with no cross collateralization.  

v=tBeixPk-Nhs&t=2shttps://Youtube.com/7einvestments is where I house all my videos‎Creating Wealth Simplified on Apple Podcasts(4) Creating Wealth Simplified through Note Investing | FacebookFinancing / Note Investing Books (Bold are ones I read, others are from other sources)Brueggeman, Fisher – Real Estate Finance & Investments (college textbook)Joshua Andrews Paper ProfitsFuqan Bilal Turning Distress into SuccessJim Napier Invest in Debt Alex Goldovsky Bulletproof Title Due diligenceTroy Fullerwood Power of Paper Bill Bymel Win-Win Revolution Fred Moskowitz - The Little Green Book Of Note Investing: A Practical Guide for Getting Started with Investing in MortgageEdward Griffin – The Creature From Jeckyll IslandMartin Saenz- Note Investing made Easier Websites For Informationhttps://www.NoteInvestor.comhttps://www.biggerpockets.comhttps://www.fusionotes.com‎The Note Investor Podcast on Apple Podcastshttps://fixnotes.comhttps://www.getrefm.com/ (excel training)

(Any company that charges anything other than a flat fee is automatically crossed off the list). 

Following David Green's Core 4 strategy (realtor, contractor, property manager, and lender) gives confidence to invest anywhere.

Following David Green's Core 4 strategy (realtor, contractor, property manager, and lender) gives confidence to invest anywhere. 

@Jonathan Greene, have you tried an app or is there a reason a real estate attorney is necessary? 

@Yvonne Wang Use this website to cross check for zoning and whether the permitting is in place. http://atlas.phila.gov   It's a good website with accurate reporting.

Most work this way Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

The IRS cross-references your 1098s with claimed deductions, raising concerns if discrepancies arise.Private Lenders and Forms 1098: Private lenders are required to send Forms 1098, but only if they meet specific criteria:The private lender operates as a “trade or business,” distinguishing professional lenders from casual lenders like friends or family members.The loan is issued to an individual or a disregarded single-member LLC.The loan is a mortgage secured by real property.The annual interest paid on the mortgage was $600 or more for the previous year.The conditions leave some room for interpretation, particularly regarding the “trade or business” clause.

I have been doing real estate over 20 years and I feel fairly green after reading some of your post.