Quote from @Dan Farsht: I am looking to connect with other hard money lenders in the upper Midwest (our business is currently concentrated in the Greater Milwaukee Area). 

I work a W-2 day job and have my own electrical business.

@Joaquin Camarasa That's right, it works like any other business where you can deduct all the costs first. 

This arrange that you will have will likely be a headache(major assumption on my part).First - Do not do business with a friend. 

Years in business?

Hello all, I'm working on trying to grow my rental business and looking at different avenues for funding. 

Quote from @Gregory Wilson: A few things there, Brendan.First, an LLC with you as a member and your (wife, son, pal, etc.) partner as a 1% member will file a Form 1065 which is about one tenth as likely to be audited by the IRS as a Form 1040 with a Schedule E rental activity (which I presume you will attempt to show is an active business).Second, you want an LLC because when your local Alabama handyman drives his girlfriend's uninsured truck into a van load of U of A medical school interns on I-22 when he goes  to get some shingles for your roof, on your business, you don't lose everything you have or ever will have to an uninsured claim. 

Even as a broker there are many sleazy Account Executives that try to win my business with terms or extra compensation.

Additionally, the Kiavi portal is poorly designed.

Quote from @Caleb Brown: I would focus on being an agent first and building that business.