I have been receiving letters informing me that my "VA guaranteed loan has been tagged for inclusion in our VA IRRRL program".I called the number on one of the letters (I've received many), and the call cut out shortly after speaking with someone, so it seems a little sketchy.

The listing shows that it has the potential to cash flow around 5K per month after paying for the loan.

If you are going to keep this CT property for a long period of time, and the fixed-rate loan lets you cashflow your target amount it will not matter 10 years from now you paid 10,000-20,000 over what you think it was worth.

My goal is to earn $300,000 annually so I can give $100,000 or more to charitable endeavors.Why do you need an LLC for hard money loans?

They're having the str furnishings moved out and renting it long term until the str market improves.

I didn't really understand why as long as the loan was not underwater and they didn't explain it. 

I live in California.The loan is to be in my name (credit is better).

Most businesses under $5M are funded via Small Business Administration (SBA) loans. 

Honestly, long term investor loans and DSCR loan rates aren't really any better than that right now.

Anyway, the first is getting 100% payoffThe 2nd, after jumping through Coopers hoops, came back with "the short sale has been cancelled" and "this loan has been charged off by the lender"Now the 2nd hasnt been paid in 13+ years, but what happens when a 2nd is charged off?