On a Hard Money and DSCR loan, there are several lenders that only do 1 hard inquiry and do not do any other inquires  until the credit report has expired (which is usually 90 days). 

Because many have been burned over the past few years investing with sponsors who had little to no experience and investors were caught by the glamourous and sexy returns that were being promised that they were getting four years ago but are now gone from big returns to big losses.So the first question you are gonna have to answer is how do you plan on protecting investors money?

Reason I ask is there are companies out there who will tell you that you can get business credit but in order to do so you need to be an operating company not an investment companySo just asking so you potentially could avoid spending good money and time chasing a ghost

I’m also currently looking to upgrade to a software that allows me to transfer friends from PM to owner and will help me generate form 1099at the end of the year.

I'm starting to believe that I could be saving some money by doing it that way.

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further. 

Is it to build up assets, is it to make additional income, is it to reduce your monthly housing spend and save more money, is it tax breaks/benefits? 

if the wholesalers actually follow the law and make those disclosures and the sellers are not completely devoid of real estate knowledge those who wish to wholesale are going to spend a bunch of money only to lose the deals in the 11th hour. 

I just segregate risk (and costs money to maintain). 

Hey!
I wanted to drop in and share some of our journey with creative finance. My wife and I have been investing in real estate using creative strategies that don’t rely on traditional bank financing, and it’s complet...