And in fact I was raised in the room in the movie  :)  that was my upbringing...

Hi BP Family,I am looking to raise about $500k  in Private Money to fund my BRRR deals I would welcome some of your great ideas as to how I go about setting up a solid Business Plan to attract Private Lender.Thanks for your help.

It doesn't matter if you are young or old, totally new or need to build upon your experience.Yes, you have just announced a commitment to the thousands in this community about your seriousness regarding REI and have taken this bold step to affirm it.Your time on this site and with the BiggerPockets community will be well spent and can be financially rewarding if you so desire.You are here at the Forum, but, should raise your mouse to the top and explore the otherheadings displayed.Don't get overwhelmed by the massive amount of data archived on this site.Simply, bone up on the areas that you need to expand knowledge in such as, Forums,Marketplace, Learn, Network, Analyze, Resources.Feast on the Podcasts, #askbp Podcasts, blogs, webinars and the myriad of bookrecommendations.Also, you can review the quick links below to help solidify your grip on this site.http://www.biggerpockets.com/starthere Setting up Keyword Alerts How to Use @Mentions on BiggerPockets 25 Tips for Real Estate SuccessAfter becoming more knowledgeable and confident because of my above suggestions, take action to snag your first real estate investment deal if new or add to your existing holdings if you have prior experience.Don't get caught up in analysis paralysis.You must immerse yourself in the RE marketplace locally in your neighborhood or afar if the situation warrants it.Take calculated risks if needed and you shall be rewarded!"

So I do some researching into Wholesaling cause the plan was to raise money with Wholesaling and use that money for rentals.  

Whether it is a car, a set of tools from Sears, credit cards you pay off in full each month , etc.Bankruptcy does not really ruin your credit for 7 years. 

So I just have to sit tight, save and work on paying credit cards on time.

Should we raise the rent now that there are two additional people in the house?

The tenant has raised return of the security deposit, you follow through and prepare a check.

If I  put the list price at the cash price then it would be hard to raise the price if a buyer wanted terms.  

Don't think you can rationalize paying credit card APRs with this strategy and end up ahead.You can get significantly and consistently better returns from your investments than you will lose through depreciation.