Plus new folks do a very poor job of screening the buyer for Ability To Repay (ATR) which involves pulling full doc and calculating the borrowers DTI, honest income, honest debt payments, prior debt payment histor (FICO) etc etc.Plus shockingly (or shocking to sellers) if you bought this investment house, fixed it, then are selling with financing you are selling "inventory" and y9ou owe taxes on the gain in the year of sale, you are NOT able to use installment sale to spread out paying taxes. 

Alternative Lenders – Look for private lenders or debt funds that focus on asset-based lending rather than borrower experience.

But, all payments with Baselane goes via Stripe gateway, and they apparently have no choice but to honor those requests due to their agreement with Stripe.

I'd sure like to borrow his MLS access (if he had it) for easier research though.

Because of cost, duplexes are are a better choice and compete well with SFH and or apartments. 4.  

I would not borrow from ANY lender I learned of over the internet unless I knwe personally people who had used them. 

For experienced borrowers I can lend up to 80% LTC and 100% of rehab on 5+ unit apartment deals like this.

Hey Steven - An LLC is a solid choice for structuring your partnership since it offers liability protection and keeps things clean when splitting ownership and profits.

I think about this often, its really just running the numbers - if you borrow 100k at an 8% interest rate, will the investment get you more than an 8% return?

If it's in the restricted zone (within 31 miles of the coast or 62 miles from an international border, you have the choice between using a bank trust and paying the fees mentioned above or using a Mexican corporation and bearing the costs of establishing and maintaining  the corporation.