Financial Highlights•Acquisition Price: $72,000•Renovation Costs: $35,600•Total Investment: $107,600•Funds: raised from personal savings and private lenderHow did you add value to the deal?

Keep learning and assessing your financial position as you grow.Good luck!

It could impact your home equity and financial security.For a safer and more specialized alternative, consider a Fix & Flip loan. 

Prioritize your financial stability.

Financial Highlights•Acquisition Price: $72,000•Renovation Costs: $35,600•Total Investment: $107,600•Funds: raised from personal savings and private lender How did you add value to the deal?

NMLS call center said they have no problem with it but it strikes me as odd that the MU4 filing requires you to disclose other 'financial related activity'. 

The Corporate Transparency Act (CTA), which requires businesses to report Beneficial Ownership Information (BOI) to combat financial crimes, is now facing uncertainty due to a recent federal court ruling:What Happened?

I suspect this lender was just one of the hundreds of crooks out there doing teh advance feescam.If your interested watch the American Greed episode on Remington financial they do a deep dive into these companies..

Renting out one side can help offset your mortgage, which is a huge advantage while you're building financial stability.

You should also check to ensure they have Errors & Omissions insurance, Fidelity Bond coverage, and a Financial Institution Blanket Bond.Some are more consultative and advisory and provide guidance, while others are just processors.