Quote from @Otis Clayton: In my search for private money , I have heard there people use SDIRAs to fund real estate investments and be in the first position.I wanted to know what are the pros and cons of using SDIRAs for fund Real estate?

Are you looking to pay off the hard money loan, fund another investment, or cover property improvements?

How do you become a broker for hard money lending? 

LLCs are a legal tool, not a tax one.Transfer from personal name to LLC/Due On Sale ClauseIf one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.

It enables us to keep our money working at our current rate, and it puts more money in the hands of the rehabber.

You have no control over the servicing transfers.

Thanks they didnt say anything about STR it would be awfulI was wondering how they make money now i knowI dont think the $10K would even cover damage!

Those are usually not local hard money lenders.

If you have a business entity(you want to properly track money going in / out from its owners).They will likely be classified as contributions / distributions.Best of luck!

Best practice is to ask them if they consider hard money cash.