Hi everyone,I'm giving someone a private loan (hard money) to flip a house.

You can transfer your ownership of a partnership into a separate “child” series (say Child Series LLC-Property1,) but this can be done privately through your computer at home instead of creating a new LLC - and it’s housed under the “parent” Series LLC.

My house is a 2 story (3/2) upstairs and downstairs 1/.5 + a huge family room and a bunch of closets I will never use.bought in 2009 for 745000 in the SF Bay Area Peninsula4/2.5 everything re-done in 2008zillow/trulia shows $1.4MThere is 1 exit through the garage and 1 private entrance through a side door/side yardI need to install a small kitchen , a shower and move the laundry room into the garage.

Then, If I understand Solo 401(k)s correctly, I can take some of that money, fund a Solo 401(k) and do private lending from it.

Mention the fact that he'll be saving on Realtor commissions should he sell privately, plus he'll have tax advantages should he wish to offer some seller financing, i.e. not getting hit with capital gains tax, etc. 

My question is, how do you approach a potential private money lender when you don't have much experience to show that you can provide a return on their money?

3) Do people use private money lenders just for flips?

Before I go to investors, private money lenders etc.

Hi all,For those investing in trust deeds or private lending in an LLC structure, do you place an insurance policy on the LLC? 

I've also had the opportunity over the years to network (mostly online) with a handful of these folks and others, that I can just send them an email or private message directly.