I'm wondering how private lenders get taxed on their earned interest as they loan money to RE investors.

Private lenders are a roll of a die.What happens if you do not receive a 1098?

Option C : borrow the EMD from the many willing lenders and pull $5000 out of his $ 20000 assignment fee.

Personally, if I had the chance to do it again I would put down more money to knock off private mortgage insurance and increase my cash flow.

@Kevin Nichols You have to fall into their parameters just like any lender, but they're legitimate.

Then send a private message.

Is there anyone on here operating in Jacksonville, NC or WIlmington, NC in any capacity (investor, agent, lender, etc.)?

I believe that this is due to (finally) rising interest rates deflating asset values, which is highly correlated to the exponential increases in income for top earners like CEOs, executives, money managers, RE investors, and Private Equity Groups.To me, the only logical stance is "rational optimism" (I heard this term from Morgan Housel).

Also hearing about FHA, but does not seem to be an option with our lenders, have found 10% down, but not FHA.

Rest assured, Wall Street and private money know of this too.