Just adding to conversation.

BTW- there are 2 ways to get the conversion fee waived. 

In addition I would assume that they will do a double conversion, first from Shekels to GBP and then to USD.Wiring money from an Israeli bank to an American bank is safe an easy, the only problem is the fees, that's why I'm looking for a transfer service with lower fees (and preferably one that's a long time running company with a reputation of not disappearing with the money...)

Other side knew through our limited conversations and the advisement of the PM that they’d probably need to leave as well.

@Henri Meli The mentor I have now has been great at checking in w/ me and giving me solid advice (actually met him randomly at the airport and one conversation turned into him becoming my mentor).

There's a lot of discussion around partnerships, private lending, and hard money, but I don't see much discussion on the actual mechanics - what these arrangements look like in practice.My hope is this post can serve as a reference for those starting out, so we may get a better understanding of how these strategies are actually implemented as well as an ability to more accurately predict the profits and returns you and your lenders and partners can expect.If those with more experience would like to revise these numbers and statements, it would be most appreciated.These scenarios assume you, the flipper, are bringing none of your own capital to the deal.Typically, this would mean 1 of 2 scenarios...Private Lending - Someone you know brings 100% of project costs (purchase, rehab, acquisition costs, holding costs) to complete the deal and in return, they get a certain percentage return which comes out of your profit.Hard Money + Partnership - You get a hard money lender to cover 80-90% of purchase+rehab and a partner to cover the remaining 10-20% as well as acquisition costs (including hard money origination and points) and holding costs (including hard money interest payments).An aside about the structuring...Private Lending - A promissory note is created, and your private lender lends to you or your business. 

Account Fees - A company must charge fees for their business to remain operational , however you shouldn't have to pay extra for expediting investments, transferring funds, conversions, etc. 

They are very unlikely to call the servicing department and say anything (It could get them in trouble for divulging your private information.)

The interest rate is what I was given by a private money lender.

and start the conversation.