I will secure the loan for everything.

I bought a 3/2.00 home in Tampa, FL in April 2022 for $245k at a 4.75% interest rate, I still owe $210K on the loan, my RE agent thinks it could sell for $280k ($70k in equity).

typically no special license is needed when doing it for hard money loans that I am aware of. there may be states like california and nevada that are tricky where lenders need a license of some sort but for most part brokers i have seen are not licensed. 14 or 15 states require state license and NMLS registration.

I’ll have to re-think how I manage FB Messenger communications moving forward, like perhaps switching to the corporate email once anything goes past the initial inquiry. 

One solution could be a Debt Service Coverage Ratio (DSCR) loan.

DSCR loan How did you add value to the deal?

We approached the existing lender for a loan assumption.

DSCR recently came popular in the loan brokerage and private credit space with the rise of STRs and MTRs.Your local bank lenders will have the best rates typically.  

@Robert EllisAre you leveraging construction-to-permanent loans or private funding?

When I asked for a loan, they asked if my business received money in Euros.