If you do go the partnership route have a formal agreement and an exit strategy in place.

No lender can run a formal credit inquiry (hard pull) for the extension of credit without an application for credit.

It looks like the process in Miami-Dade County (MDC) is quite different, with apparently judicial foreclosures being the predominant method for power of sale enforcement.

I had a note offering like your talking about and my state said i needed a formal Offering as the Howey test decision dictated..

Thanks,AmandaMost foreclosures in north carolina are non judicial, so they are sold via a trustee and not a sheriff, but of course yes they still have sales.

Start from pre-K and they should be exposed to it EVERY year of their formal education (as it may be absent in the home).

If you buy your relative’s house for $130k-$140k and put in $10k of updates, make sure to get a Broker Price Opinion (BPO) and/or a formal appraisal to show its true value.

Florida is a Judicial foreclosure state, so you'll have to go through the court system if you want to foreclosure.

Fund that flip is smaller, but also less investors, so at least the deals are not funded in just a few seconds.Both platforms suffer from some of the problems that pretty much all of the hard money loan platforms do: not enough volume for someone wanting to maintain a large portfolio, not enough conservative 65% LTV loans, too may loans and judicial only states (where it's extremely expensive and time-consuming if you need to foreclose which can cause losses), and single note risk (i.e not diversified).

I also stay away from judicial states since the foreclosure process can take a long time.