If it's a bank or other institutional lender (a company whose business is lending), you should expect they are plugged into the credit bureaus and will report your payment history there.If your lender is a private person, like a friend or family member, or maybe a local person who makes a few loans a year, I would assume they are not plugged into the credit bureaus and the loan won't show up on your credit report.Keep in mind that if you apply for other loans, and they ask you for a schedule of real estate owned and mortgages you're responsible for, and you omit a property and/or private mortgage from that listing, you'll likely have committed fraud by saying that you're submitting complete information about your financial situation but intentionally omitting something.In other words, a loan/property may not show up on your credit report, which means a lender you're applying to for a mortgage may not know about it, but that doesn't mean you're not required in the application process to list it anyway, and it does mean that if you intentionally omit it, you're probably committing fraud or breaking some other law(s).I would assume that the loan could show up on your credit report, and that you will be listing it in future loan applications to institutional lenders, and behave accordingly.

I think he would have to be 2nd lien position on the property and the bank would be have to be first.

Do not share any info on difficulties you may be having with tenants , screening, repairs etc.

If you are working on your first 10 loans, then a Fannie Mae/Freddie Mac loan will be have the best terms for their loans. 

You will be required to be have a Real Estate brokers license to PM in Georgia.

Also right now I pay for electrical but the apartments are already pulled separately to be metered and paid by the tenants so I will be having them submetered and having tenants pay electric which is $800 a month right now.

No matter how pretty, wealthy, or "nice" they are - people behave one way in public and hide their secrets "behind closed doors".

Who knows how he would have behaved or if he would have been carrying a weapon?

I will be having lunch in Lisle this Thursday with a bunch of other investors so figured I would ask!

I will be having the owner of the largest residential cost seg company on our radio show in 2 weeks, so tune in to get some information on this topic directly from the source expert as I am not an expertt in this process.The radio show is local to us but streams live on the net from the radio station website: www.hometownstation.com