@Bob OkenwaThank you !

Originally posted by @Bob B.

Originally posted by @Bob Stevens:@Weston Holt   of course, never use your personal name.

lolol  Come on people (Bob), get a grip, and have common sense. 

@Bob Smith, I don't think there's anything wrong with wanting your portfolio to include places you would actually want to visit.

Quote from @Bob Stevens: Quote from @Brandon Elliott: I'm not one to brag and that said I hope this comes as a welcomed post.

Originally posted by @Bob Floss II:@Jay Hinrichs Anyone that claims to provide hard money lending at 5% is a scammer in my book until I'm proven otherwise.

@Rick Meloni @Bob Malecki has a note fund that does exactly what you are asking.

Depends on how much funds you are going to pool.If you and your son form the LLC and pool your funds, that is your funds.Then say Aunt Lucy wants to lend the rest for the deal - she could make your entity a loan secured by a Deed of Trust or Mortgage on the property - 1st position.And then say you need just another $20k from Cousin Bob, he could make your entity a loan secured by a Deed of trust or Mortgage on the property - 2nd position.I am not an attorney in those states so please do confirm, but most investors use this formula.Now if you have to pool funds from 20 different people to buy and renovate the house, then you need to consult an attorney because even forming an entity, once you get over 4 or 5 it starts getting more complicated.Not sure, but you might be able to use a gofundme account for everyone to pool the funds to - but I have never tried that.

Originally posted by @Bob Malecki:I've not had a mentor per se, but have relied on many various veteran note investors to fill in the gaps of my knowledge base as I figured out what I needed to know as I proceeded on a deal of so.