Open Houses - I always feel like I've wasted time by doing one.

It seems like I have sidelined myself with this one purchase.

Since the borrower had already signed on for $3 million, this was not an increase to make a deal happen, simply Peerstreet personal operating without any understanding of the loan industry and having no intent to listen to the consultant they hired and paid for.Anyway, Peerstreet made the $4.8 million loan, less than one year later it was in default.  

You could be left with no return on the tax lien/deed, but still owe significant interest on those type of loans like from lending tree or one of those type platforms.For probate sales, I don't really see most sellers/families wanting or perhaps even able to do creative financing like Sub2 or Owner Finance. 

Hi Rafael,Some hard money/ business purpose lenders have better pricing if you close in an LLC (me) so that's one factor to consider.

I would get with your property manager if you have one, or call one and offer a consultation fee for their time on how to go about structuring the invoice.

The PoA designates our company as AIF.Now, it's possible that back during the original closing we had the borrower sign TWO PoAs: One designating our company, the other designating an individual representing the company.Our original PoA was prepared in consultation with an attorney, but that was done well over a decade ago!

Does one make more than the other?  

That being said, I have a fairly low opinion of gurus in general, especially ones that describe themselves as "academies."

I wouldn't hesitate to find one!