Like you mentioned.When I get one-off income like a finder's or origination fee, I sometimes ask them to pay a bill I already have.

You talk to originators and processors who may or may not know what they are talking about.

Every real estate investor should be earning on real estate AND finance since they are all out here originating, but only earning on 1 out of 20 deals they see. 

Originally posted by @Jason Bott:Thanks @Brie Schmidt@David Santore Is the land value high? 

Originally posted by @Ryan Deeter:Hi Im new to BiggerPockets and real-estate investing in Columbus, Ohio. 

Originally posted by @Tyler Crawfod:Hi!

There's a lot of discussion around partnerships, private lending, and hard money, but I don't see much discussion on the actual mechanics - what these arrangements look like in practice.My hope is this post can serve as a reference for those starting out, so we may get a better understanding of how these strategies are actually implemented as well as an ability to more accurately predict the profits and returns you and your lenders and partners can expect.If those with more experience would like to revise these numbers and statements, it would be most appreciated.These scenarios assume you, the flipper, are bringing none of your own capital to the deal.Typically, this would mean 1 of 2 scenarios...Private Lending - Someone you know brings 100% of project costs (purchase, rehab, acquisition costs, holding costs) to complete the deal and in return, they get a certain percentage return which comes out of your profit.Hard Money + Partnership - You get a hard money lender to cover 80-90% of purchase+rehab and a partner to cover the remaining 10-20% as well as acquisition costs (including hard money origination and points) and holding costs (including hard money interest payments).An aside about the structuring...Private Lending - A promissory note is created, and your private lender lends to you or your business. 

Originally posted by @Rivy S.

Originally posted by @Ernest Grindle:Hello @Danquone Williams and welcome!

Originally posted by @Christopher Giannino:@Upen PatelAre there general rules of thumb or any kind of specifics in order to pass the "smell test" or is it more lender specific?