or3) If I convert the partnership interest into a private UPREIT, then I trigger tax if/when I sell the Shares in the REIT?

When someone wants to send you a referral privately, they are probably sending you a friend that pays them a referral fee.

There is a lot of information on BP regarding being a private lender and outside groups taht have a lot of support in this space.

If comps for a 3 unit property are in the 950k range, then that is what it will come in at.The revenue from the STR will have no bearing on the value of the property itself.People argue about it from time to time, but I spoke with 10 different lenders, banks, credit unions, private lenders, etc etc and they all said the same thing.

But now, consumers will get a check for $13 each and have little force lobbying for private property rights. 

Thank you.Good morning, Joel - What you are describing is a very common practice on the private lending side of the financing industry.

However, building relationships with private money lenders can help you scale your business quicker depending on how many investments you want to do this year.

Quote from @Collin Luckett: I have a couple houses I’d like to put under contract as fix and flips and would like to you private money lenders to help fund.

Yeah I am a huge proponent of free markets and private property rights.

It’s important to ensure you’re comfortable with these risks and consult a financial advisor.If you choose to use a HELOC, consider traditional financing or private loans as alternatives if you prefer not to risk your home.As for your first rental, markets in the Midwest and Southeast offer great opportunities with turnkey properties that are tenant-ready and appreciating.