Quote from @Chris Seveney: Quote from @Dionne Ladson: Is private lending more cost effective and flexible than hard money lenders?    

Quote from @Chris Seveney: @Jeremy CooreGreat question.

Quote from @Chris Gray: Quote from @Matthew Banks: Our company is looking to venture into new construction.Do most small homebuilders (<25 homes per year) have any full-time crew or do they hire all independent contractors for each trade?

Quote from @Russell Brazil: Quote from @Joseph Harr: Quote from @Erik Estrada: Seems pretty competitive.

Quote from @Chris Seveney: That is a good point about the 1st mortgage being too low to entice the 2nd to negotiate.

@Chris Seveney keep in mind not all relators will handle these mid term furnished rental which I think is what he has judging by him saying that it is on Furnished finder. 

Jessie Russell, I visited Spokane 3 days ago looking for some potential purchases.

If you want to get deeper into this as Chris said ensure you are calculating your real return here as your gains here are treated as regular income. 

Quote from @Chris Seveney: Quote from @Kobe McDaniel: Hi BP,A deal that I'm currently working on has the potential of involving 2 separate partners, not including myself.

Hi Russell - I would use $3,500 as market rent.