Starting a hard money lending company makes sense to me since I have hundreds of contacts in this business that I've built relationships for years, as well as it aligns with my origination background. 

We thought snapping receipt + sending invoice email directly to QBO was super attractive.However, we are finding QBO to be also cumbersome and pricey1) Personal credit card - If I mistakenly use personal CC, I have to manually create an entry (this happens quite often). 2) Pricey - $99/month is now really adding up.WE thought it would be a great early learning and investment to adopt QBO now as we scale (hopefully to MTR and LTR).

Hey Joel, did you have any luck with this?  

@James Hamling Thank you so much for this perspective. 

This is my second step into this world.Quick introduction about me:I'm 28, I live in a small town in Quebec, Canada.

Keep in mind this will be at a much higher rate than your current 3.2% interest rate, so I'm not sure if paying off the existing loan is a great choice.

Purchase price: $197,500 Cash invested: $32,758 Buy and Hold Short Term Rental In Cleveland What made you interested in investing in this type of deal?

This is going off the original topic - I could post as a separate topic.That is super helpful for those looking out of state.

Hope that helps! 

Hi All,I run into this all the time.