It's a win for us because when they have our updated info and we call asking for updates on the amount they are willing to lend us, they have everything they need and we get quick responses. 

I used a self-directed IRA to invest passively in a syndication but I don’t know what I should do with the K-1 I received.

Hi all,I am in Omaha, NE and have done private acquisitions for a local real estate investment company and am ready to pursue my first personal investment property.I like the concept of peer to peer or hard money lending and wanted advice or tips on best hard money lenders for “first timers”...Any recommendations?

Maybe a syndication.

Likely going to fall into A&D type lending, vs construction loan (due to the infrastructure).

Crowdfunding involves syndicated deals and those deals may be Equity or Debt (Lending). 

Also, ask investors in your area for a copy of their templates.I don't think I've ever paid someone for a contract. 3 years in, with several partnerships/JVs/private lending, no problems so far!

I will check out other lenders, but I want to stay in residential lending so it will all be the same rules.

Have you thought about syndications?

Generally Fayetteville is regarded as one of the least desirable markets in the South East from a lending perspective so our underwriting is more conservative here.