But even to this day the money is always the winner not me.. thats how you raise significant capital ..

I financed the acquisition of the land with personal and private money.

I know it is expected that you will need to spend some money after someone moves out but I just didn't expect I was going to need to spend appx. $10k to get it rental-ready. 

The loan you have with them will not support an LLC, so there is no documenation to give you.

Here’s some guidance to help with your next steps:Hard Money Loan: Hard money lenders can often cover both the purchase price and some rehab costs (up to 70-75% of the after-repair value or ARV).

Most of the properties we acquire are with little to no money down (even $0 down!)

So if they can get guaranteed 5% interest in an account they can get their money out of at any time they’ll want 8-10-12%. 

But finding a virtual employee who you know knows what they’re doing, won’t “half-*** it”  and yet won’t run off with your money might be harder than it sounds.

Hard money then refi residential 30 yr How did you add value to the deal?

Jonathan, The tenant does not currently owe any money.