But if you made a loan, the borrower defaulted, and took back a house, then sold it at a profit, your intent may come into play.I don't think how often you're doing these comes into play.Pretty sure flipping options would be an active business.

Welcome to BP Frank...I too am a new investor in Real Estate and am looking to make that first deal within the next week or two...Been busy doing as much due diligence as possible and building my team to assist me in this venture.

Some things to consider are:- Do you have good credit and the ability to borrow from traditional lenders?

The borrower is slave to the lender.

I'm primarily buy-and-hold with mostly multi-family units, but if I can ever be of assistance, please don't hesitate to holler.

I borrowed the $10,000 on a signature loan from a credit union.

We are looking for an agressive (very professional) agent who will assist us in buying an investment muti-family property in the Boston area.

If so, how would you determine the amount/percentage of split for the "borrower"?

Can anyone assist on ideas to help closing inbound leads??

Depending on how good your credit is, you could get up to $35,000 in a week at a lower rate than 9%.Just keep in mind that you cannot use these loans as down payments because down payments cannot be borrowed.