I mean no offense to list brokers and list lovers, but I really think this is something that should be told.

No offense to any agent...

I have to agree with John, Matt, well everyone but Fred, no offense Fred.I went to the library the other day and a guy was walking around with a tag hanging off his neck that said in big red letters "FORECLOSURE".

No offense but it would simply silly not to do both.You can set up your own LLC in most states for under $100.Seriously - do yourself a favor and do both.

Most banking loan officers or even worse loan brokers sometimes don't get it since many have come up through the ranks of the front lines in making loans.

Also, if you know your income is about to drop, and don't share that information with the bank, it's probably going to be considered mortgage fraud (which I think is a federal offense)Hopefully that answered your question.

I don't know your market or your experience with the area, so please dont take offense.

But when folks go for Private/Hard money it's usually written on a cocktail napkin, not even Underwritten.No offense meant but the more professional and detailed a presentation is, the greater the chance it will be funded.Private money guys are at most of our Peabody and Danvers meetings.

And no offense, but as an active wholesaler I'd never sell to a new rehabber unless I was out of options and that would mean its a bad deal.There is often rehabbers who are doing many many deals and they need funds.

No offense to the OP, but his question makes no sense and he is using language that suggests he doesn't know RE transactions.