We are sick of renting and getting nowhere so this property seems perfect for the time being and will allow us multiple options to cash out on the deal later on and fuel future deals.

This can be especially helpful if you need to close on a property quickly.Less stringent credit requirements: Private money lenders may be more willing to lend to borrowers who have less-than-perfect credit or who are unable to qualify for traditional financing.More flexible terms: Private money lenders may be more open to negotiating terms that are more favorable to the borrower, such as flexible repayment schedules.Cons:Higher interest rates: Private money loans usually have higher interest rates than traditional loans, as the lender is taking on more risk.Short repayment terms: Private money loans often have shorter repayment periods, which can make them more difficult to pay off.Limited availability: Private money lenders are not as widely available as other types of lenders, so it may be more difficult to find a private money lender who is willing to work with you.Overall, private money lending can be a useful option for borrowers who need financing quickly or who are unable to qualify for traditional loans, but it is important to carefully consider the terms and costs before entering into a private money loan agreement.

Sounds like you're in the perfect spot.

This % can be compared to returns from other asset classes like the stock market, bond market, crypto, etc.⁣⁣⁣Happy Monday guys!

I have found quite a few templates from various sources but in my experience, they have all been either too detailed and lengthy or far too vague and general to really help in any way but this one looks to be the perfect balance between being thorough and not being overly detailed and lengthy.

@Caleb Heimsoth That's perfect!

You know, what you have sounds pretty perfect. 

Perfect!  

Practice makes perfect!

However there were a small handful of tax attorneys in the room and they opined as how they could see that method having some merit in a perfect storm of scenarios, judges, plaintiffs and defendants.