What’s your backup plan when hard money turns you down?

Its always a good idea to ask your agent what the Minimum Earned Premium is before you sign the paperwork.

Hey BP community,I’m exploring creative ways to structure deals and wanted to ask—has anyone here ever used earnest money as leverage to bring in a partner?

Earn income.

Quote from @James McGovern: Did the hard money lender not include verbiage to shortcut having to go to court to foreclose? 

Quote from @Victoria OHare: Hello all, I’m new to private money lending and trying to understand best practices. 

I've used the Bigger Pockets Rental Calculator for deals done in the past, but the platform doesn't allow me to enter some of the details of a hard money/private loan such as the loan being less than a year.

Check your emails for more information.They used the following example:Today if you set your price at $100 USD, you earn $97 and your guests pay about $115.

And it earns respect. 

Use the refinance money to pay the seller in chunks, use the rest to value add.