PadSplit has developed a platform that aligns incentives among residents, property owners, and communities to make affordable housing possible for the private market.

Private placements under Reg D do not have any required financial reporting requirements.We can provide you with some current active investors for feedback if you don't get any replies here. :-)Feel free to reach out to me directly with any questions.Continued success!

I am interested in working for a REIT firm or a private investor who can show me the ropes of investing in residential, commercial, and/or multifamily real estate.

Unfortunately, we can’t do this for another 200 days due to FHA restrictions.Exploring AlternativesOne potential solution I’ve considered is working with a private lender.

I have more than enough private investors willing to pour their money in and I realize that there are diminishing returns when considering time spent looking for deals or deal finders and the amount of deals I close.I'm a real believer of the Pareto law which states that 20% of effort leads to 80% of results.

It just so happens that a situation came up with family to do a private loan that will work for me at this time so I've paused working with Sal at the moment. 

The list is a combination of private and public data. 

Hire a contractor or GC with clear terms for execution and completion.Secure financing early, whether through cash, private lenders, or hard money loans, ensuring reserves are included for unexpected expenses.

And keep in mind private sellers and wholesalers dont help either when they wont entertain offers below ask either.

In either case, the wholesaler usually doesn't need to provide their own funds to complete the deal unless they are doing a double closing and need private financing for that purpose.The title company plays a key role in ensuring that the funds are processed correctly and that the transaction is legally and financially finalized, including disbursing funds to the seller and paying any fees owed to the wholesaler, private lender, or other parties involved.Contract with Seller: The wholesaler secures a property under contract, usually with a small earnest money deposit.Find Buyer: The wholesaler finds a buyer (investor) and assigns the contract, earning an assignment fee (difference in price).Closing: The buyer wires funds, the wholesaler receives the assignment fee, and the title company handles the transaction.Costs:Earnest Money: Small deposit.Marketing: Costs to find deals.Funding (if needed): For double closings.Profit: The wholesaler earns the assignment fee.prioritize transparency and value.