Building a team Depends on everything you guys are trying to accomplish..I will  start simple A game Plan Goals Exist strategies Good Legal Expert ( lawyer ) Real Estate Agent ( find deals ) Inspector Property management ( if  you plan on holding or making rental Properties)Wholesalers ( they will bring you properties )Handy Men Contractors ( you guys might not do it all ) Private lenders/ Hard Money

Lenders want skin in the game, and since your experience hasn't gotten there yet, it is more risk to the lender which in plain terms means a higher interest rate and more points.You need to find "private lenders", but again, they want you to show them examples of past deals before lending money.Wishing you the best!

First time with facing this situation of private financing, so any/all information is appreciated.Thanks!

As an investor starting out I'm still building my network of private money lenders/partners.

I've been to one of their plans in Simi Valley and had a tour of the facility, pretty extensive quality checks.

If you have any deals and/or offer private/hard lending in NJ/NY/PA i'm all ears!

Have any of you that has borrowed money from a private investor ever heard of them requiring you to pay for a PPI insurance plan because of money laundering statues?

A summary of the changes can be found here:SEC Staff Recommends Updates to Accredited Investor DefinitionWhat's good:You can now take a test to qualify under the proposed rulesThere seems to be some critical thinking about the thresholds and indexing them to inflation instead of picking an arbitrary number and leaving it staticThere seems to be some critical thinking about who can invest whatThose with experience in private deals can exempt outWhat's bad:It seems hard for portals or funding platforms to implementWealthy investors are capped unless they make over $500k annually or have $2.5M in net worth

Private message me or send me a connect request if you would like to chat more.

Can you send me a private message: Where in New Haven?