The Importance of Honesty and Ethics in Private Money LendingAs a private money broker, I am in business to earn a living, but profit should never come at the expense of honesty and integrity.

They refuse to give investors the information they ask for such as who is the loan through, what kind of state it is in, and who are the GPs, LPs, profit and loss statements.

This affects which strategy you could pursue.

And from there, the magic is in how you leverage, that's the profit center.

Sell,  pay the taxes, and give them their $1,000 plus half the after tax profits?

One bad tenant can ( and have) quickly destroyed a year+ worth of profit.

Welcome to BP - Alabama is a great market for BRRRR, I think you are well located to pursue that strategy - lots of great resources here though!

: I think your profit numbers are way high.  

I intend to pursue only opportunities that are strategically sound.

Everything you posted is correct except your definition of “profit” unless you only paid $140k.