The property will be strictly for investment purposes, not a primary residence.I’ve been looking into two potential financing options:Hard Money Lenders (HML) – I’m drawn to this option for its speed in closing, but I know the rates can be higher.DSCR Loans – This seems like a great option for long-term rentals, but I’m unsure if it’s the right fit for my auction property since it might need some rehabbing.I’m also considering purchasing through a land trust or an LLC to add a layer of protection and privacy.So, my questions are:What’s the best way to approach financing for auction properties?

You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.

He doesn’t even need the money; he just wants to give back / pay forward. “ . 

At least weekly I think about the the fact that someone else is going to work to give me 1/3rd of their money.

Earned or not, there is a certain credibility standing at the front of the room and club owners get to stand in the middle of deal flow.

You can attend all the REIAs and read all the books and sign up for all the conferences, and spend all the money, and you are will never really know you can do it until you do.Over 20 years in real estate in various forms and roles, action will beat out intelligence or education or even network 100% of the time.  

OVer the past month we have seen hundreds of millions / around $1B in defaulted private money loans come across our desk.

What is the interest rate on borrowing compared to the rate you are earning, then take into consideration the tax consequences. 

They could include things like waivers for documents and appraisals, relaxation of underwriting standards and money to fund repairs.However, there are benefits for people who just live in the areas, but aren't directly impacted.

Many Realtors will suggest purchasing a property using a FHA Loan, to reduce your out of pocket money.