I am ok privately sharing with you both though.

We were able to get a private loan for the property through family and after MANY awful showings, really heroin den and all, we found a three family in a great area, for the right price, and in great condition.We put an offer in based on comps, and repairs needed, which was about 30k under the original asking price.

Image if I had 30, just 3 x those numbers.Directly investing in a turnkey rental or small MFH is a good way to start to learn and build up the war chest to go into my scaleable investments such as private placement syndications.

Investment Info:Small multi-family (2-4 units) private money loan investment in Philadelphia.

If you aren’t familiar with what this is, it’s a written authorization to represent or act on another's behalf in private affairs, business, or some other legal matter.

Nicely put, Jay, and thank you for the mention.I paid off or refinanced with private money all of my commercial loans. 

Hello BP,Does anyone know of a lender or private lender who will lend on a vacant residential lot in Northern California?

This assignment being private and not recorded, the bank won't know about it.

As such the Garn St Germain Act will protect you against any due on sale clause.When you later change the beneficiary to your LLC, it could technically trigger the due on sale clause, but because this assignment is a private document that is not recorded, the lender won't know about it.

Monday I'll call some private insurance agents.