Hello folks in Lending forum,looking to try and see about potential lending partners who can write large checks (7 figures) and are looking for very high yield (much higher vs private lending rates) and higher than HML rates.only need lending for 4-6months until large line of credit gets granted and we pay off the short term note.ping me if worth a conversation or have ideas...this seems perfect for a family office just wanting to place dry powder for 4-6mos while they are looking for other deal flow but trying see about other options out there as well.thanks in advance.

I have been a member for years but just an off-and-on lurker.

The result is after a year when the tax accessor associates the proper property taxes with your property, there is a decent chance you could have payment shock and your monthly bill rises significant (until you pay off the escrow account balance that is also likely causing this). 

Here's a general picture of how it works and its implications for both buyers and sellers.Benefits to the Seller: The primary benefit to the seller in a "subject to" transaction is the ability to quickly unload a property without having to pay off the existing mortgage immediately.

They were able to offer a 1st position loan based off the property and income, and the seller was allowed to offer financing, but in a 2nd position.  

The allows you to have a Master LLC and then spin up separate LLCs underneath it without having to pay an additional franchise tax or file a separate tax return but gives you the flexibility to hold certain assets in those entities and even have the ownership structure be independent (e.g.

I would hold off on doing anything. 

Forst off, you DO need a broker if you are going to lend, otherwise, you are likely in violation of state usury laws and other potential Federal laws. 

I currently also wholesale in my market and am looking for deals on my days off from my W2.

And if you get caught you can get kicked off of the program.