That is, even at the confiscatory rates most HML’s charge (and we’re lenders) financially you’re almost always better off borrowing the money.Realistically, once you decide your involvement with one another, your partner or lender must hire an attorney to protect his interests and create what is likely a very standard loan package in this case, or a partnership agreement.And to add; though I like your term, “personal hard money lender,” and will add it to my list, legally there is no difference between a private money lender, hard money lender, asset-based lender, bridge lender, or any of the other made-up names you hear.

I see people complain quite a bit and then others point out that Google says not to run your business from it.There are tons of products out there, some packaged, some not.

Its always wise to check their entire application package.

OK, so we received a mailer about a land liquidation event for the Hiwassee river, with land starting out at $7,500 per acre, and deals like 4.3 acres with river access (not on the river) and an 1800 sq. ft. log home package (you pay for the assembly) for $45k.

Any recommendations on banks, credit unions or portfolio lenders who will lend on packages of 10+ SFRs in the Memphis area?

Do you and your partner use a grassroots excel model to analyze these deals or was it bundled into what you received when you purchased the seminar package?

Would also be interested in packaging the seller financing loans for sale if there is a secondary market for manufactured home financing. 

Half of the duplex is vacant and I generally stay away from Section 8 however, given the stimulus package is pumping 1.2B into section 8 vouchers I am marketing this unit to both section 8 and non section 8 tenants. 

It'll take some upfront work but figure out how much painters charge per square foot for interior vs exterior, how much do they charge per square foot to lay tile, how much per square foot for carpet, how much per box for cabinets, how much per square foot for countertops, appliance package prices, etcYou could also use a price/square foot as an estimation and then add in major items like roof, HVAC, windows, plumbing, electrical etc.

You are selling the "total package", and the total rehab costs will need to be factored into your project.