A bank takes an expense to add funds to its LLR, but when they charge-off the loan it just reduces the LLR without an income hit.

I guess my questions is, is there a way to secure funds with my assets in the business without showing in income?

While you’re learning, you’ll be exposed to business and community leaders (many with cash) who would be prime candidates as potential investing partners or sources of private cash for long term investments or down payment and rehab funds.

it basically just assumes the cash I have going in or out would otherwise be in a muni bond or something.

I am concentrating on the UK at the moment and wanted to chat with someone in the U.S. to see if I could use any of the methods and tips that you use there for sourcing and funding BMV properties, here in the UK.

A lender might be willing to do something like a 80/10/10 loan where they fund 80%, the seller funds 10%, and the buyer puts in 10%.

> • buyer (assignee) gets funding yes > • buyer completes sale with seller Yes > • I get paid (pre-arranged with assignee) fee at closing Usually at closing but that is negotiable.

Hard Money Lender will lend up to 70% Repaired Value so if you buy it for 40-50% you can use extra funds for the rehab costs.

I am referring to the situation where the buyer's financing is approved and the seller has met all his obligations, but the buyer does not bring the closing funds nor execute the purchase/loan documents.I know the earnest money is forfeited, and a lawsuit might follow, but what about insurance and letting the insurer sue to recover?

I don't want to hold onto the property nor do I have the funds to purchase the outright.