But my preference would be to allow someone else to make that $ and I'd stick to the business of LTR.  

It doesn't have to be overly complicated, but you definitely want everything agreed upon in writing before money starts moving.Since you're planning to use hard money and some of your own funds, make sure you're clear about who's on the loan, how everyone gets repaid, and whether any partner receives a preferred return—especially if one of you is more passive.As far as taxes go, most individuals in your position keep it simple and structure the LLC as a pass-through entity (such as a partnership).

Which one do you prefer, and why?

I recently relocated back home to the southwest suburbs of Chicago, IL and I am seeking like-minded individuals or potential mentors who are willing to meet over lunch or coffee and discuss their experience and provide some guidance.

I would say clients probably prefer whomever the agent recommends.

For multifamily or mixed-use, have you had better experiences with agency-backed loans (Fannie/Freddie) or with private lenders who move faster?

I am trying to do an application for a corporation vs an individual.

When you finish a flip, do you aim for top-dollar retail buyers, or do you move it fast to another investor? Which has worked better for your business model?

I’ve noticed investors tend to be split. Some say you should always self-manage in the beginning to learn the ropes, while others recommend hiring a property manager right away to save time and stress.

For those of...

The IRS actually has a Tax Withholding Estimator that’s really useful:  https://www.irs.gov/individuals/tax-withholding-estimator  It takes into account your income, dependents, deductions, and other variables to help you dial in the right amount of withholding — whether you want to avoid a surprise tax bill or maximize your take-home pay throughout the year.