I am also a lender, with Chase Bank, but want to expand my knowledge on hard money and private financing options.

You will need to provide an explanation of the circumstances surrounding the BK every time you apply for credit, apply for a job, apply for a bank account, etc.Bottom line is if you’re working day labor type jobs for small companies and live on a cash basis it might not affect anything.  

It markets our properties, screens our tenants, collects our rent, deposits it into our bank accounts, has full accounting and reporting features, has a tenant facing web portal & app where tenants can log in and report maintenance issues and see their account, etc, for $2/door/month - but they have a $45 minimum monthly fee... so up until you cross 22 doors it would be $45.

The unbanked and underbanked population cannot take advantage of these new technology because they don't have a bank account to begin with.3.

I've even been sitting in a bank struggling to get my LLC set and called my senior advisor attorney who called me back immediately to help out. 

But basically with a construction loan you will need to have considerable cash involved - most costs need to be paid for and then the bank will reimburse at certain checkpoints.You may want to start with some smaller value adds inside the existing house to maximize rent from the house hack. 

Short Sales, Bank Owned, $/sqft, school district, days on market, etc.  

@Brian Rocha It’s clear why most lenders insist on including rehab funds in the loan, and all of our partner banks follow this practice for fix-and-flip loans to minimize risk and meet securitization standards.

The tenant pays a monthly premium and keeps an active bank account and credit card on file.

The home was a bank foreclosure from a reverse mortgage.