Ready for a second deal, I have come across a private sell in a slightly sub-par area of town (I would guess C to C- neighborhood) close to the older down town/industrial district (I live in Hobbs, NM, an oil and gas town hugging the west Texas border).

But setting up LLc's seem to have an advantaged to help keep only certain people in the day to day and management of the business and keeps private investors who are funding only out of the business operations.Im sure this could e a record for longest question posted but I would love to hear how others are succeeding and how they have set up similar business models with how and why that works for them.

He has scholarships and federal unsubsidized loans that cover full tuition, fees and some room and board...but not all.Prob going to need around $20k for college.I have secured a $30k loan using the property for collateral to cover the college expenses.What would you do with the $30k?

Something short term, with a 12 month payback that is secured by real estate should you need to foreclose.

Maybe find a private lender who will put up the purchase+rehab up front at a higher rate, but one you'll only have to pay for a little while.

so i was told a finder fee of 1% of the purchase price is reasonable. what contract would i use to secure this ?

What is best way to secure 5-8 individual mortgages at best and lowest interest rates and terms?

Account Closed  now to be like Fox news fair and balancedone does have to be mindful that banks can change policies.. so you do need in my mind a healthy balance of private capital or your own and banks or other lenders as well.07 to 09 saw banking FREEEZE for us in the business I had almost 30 million in various credit lines out and they all got called Save one.. my core bank kept my 6 million working with out it I would have not made it.. the rest did not care and I had written into my loan terms that if they called these facilities I had 36 months to pay them off and I needed every bit of that time to do it.. but I can proudly say I did not default on a one and paid it all back and the agreed on interest. 

Hi @Leighann Davis I run 2 private equity Reg D funds where we pool investor capital into distressed debt and essentially deploy OPM into assets for both of my companies benefit and our subscriber's benefit.

Private money, hard lenders, or banks I don't really care where I go but like to use lenders who keep the ball rolling with me and even help with structure of the lending.