@Mark Holencik my stepfather has bought his properties through auctions and inheritance.

Originally posted by @Mark Killion:Thanks a bunch!

Mark are you doing buy and hold?

I have to disagree with Mark, there is virtually no chance you would be held responsible. #1 it is highly unlikely given the amount of the claim that the car owners insurance company would even bother trying to subrogate. #2 Even if they did, again,, unless your tree is dying and they can show some sort of negligence, they will go out there, see the tree is nowhere near the the neighbors car and that'l be the end of it.

@MARK WOHLERSWelcome aboard the vibrant BP community.

I feel like $5,000 is not enough but it took me a year to get to that mark.

@Mark Cruse This is exactly what I plan to do.

Thanks, Mark!

Risk is the basis for interest charged, however some lenders just peg a rate at what they think they can get, that's a money store approach and they generally mark up the price for money, most hard money lenders are in this category lending with limited underwriting factors.Also understand that an investor who approaches an individual who is not a real lender, takes on the liability of presenting the lending opportunity, much like if you were selling a bond.

Originally posted by @Mark Nolan:@Gurwinder SinghWelcome to Bigger Pockets.