Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

What Actually Works:• Ask questions• Understand their “why.” 

Keep in mind, you should have already had a conversation with the hard money Lender to know their terms and process, and be ready to perform. 

Their focus is actually to buy rentals for people that already have money to invest, I had to go around asking about wholesaling. 

My advice would be, if you truly want to learn the business, lease it up, refinance, pull some money out, and go on to the next one.

It requires no money upfront, so you will join thousands of others trying to do the same in your market.

Traditional bank loans can be slow and have strict requirements, while hard money and private lending seem to offer more flexibility.For those who’ve secured funding before, what’s been your experience?

It's not uncommon, and actually normal, for the operating entity to lease from the LLC that owns the building.

I actually just did a live stream yesterday on my channel (youtube.com/@brady_morgan) that went over this exactly.

Having a vacancy costs money!