These loans enable multiple individuals or lenders to be listed on a single loan as beneficiaries, sharing the same debt position and owning it pro rata.In this case, your name and the names of the other investors would appear on the note and deed of trust (or mortgage), along with your percentage ownership—totaling 100%.

Saw courses through social media that looked appealing for mentorship however I cannot say if they are actually legitimate.

Do you have an secret sauce that enables you to capture higher returns than your competitors?

One significant benefit is gaining direct access to MLS data, enabling you to identify potential deals more quickly than the general public.

That is a legitimate question.

The IRS prohibits self-dealing, so if either party (you or your IRA) enables the other to make the investment—meaning one couldn’t do it without the other—it would be considered a prohibited transaction.One possible structure is to set up a multi-member LLC, where you are one member and your IRA is another.

We haven't found an agent to work with yet that comes with a legitimate book of buyers.

There are some plenty of people that are legitimately trying to stay sober and benefit from the camaraderie of living with others in a similar spot.

Claiming a legitimate business-purpose loan was really for a consumer-purpose is currently the most popular lawsuit in private lending.None of this is worth the whopping $1,250 you will make on a $10k loan at 25% over 6 months—and that’s before taxes—but this is up to you, Joshua.

If trying to sell, your buyer pool may be a little more shallow than it otherwise would due to the perceived risk (whether legitimate or not).