Best Seat at the Table Title Here
Top Five Mistakes Private Lenders Make Protect Your ASSets
Follow in my Footsteps Watch out for the Piles
Carolina Hard Money Everyone can be a Lender! Big Money NOT Required Lend to who you know, like and trust Profit is in the Points How we got started
Number 5 Never Lend to Family, Never Borrow From Family
Borrower Due Diligence Number 4 Borrower Due Diligence Cash on Hand Character Judgements or Liens Experience
Property Due Diligence Number 3 Property Due Diligence How Long will it Take to Sell IT? Price Range in Market Location, Location, Location 3rd house in/Busy St Evaluation
No Control of Rehab Funds Number 2 No Control of Rehab Funds Keep all funds for Rehab Inspection the Work Lien Waiver Review, Approve & Reference Scope of Work
Number 1 Act Like Mom & Pop Be the Bank, Act like One Reminder Letters, Late Notices, Late Fees Stick with the Plan, Work with the Plan Keep Good Records
Bonus Miss-use of IRA Arms length Transactions, Side to Side not Up/Down Don’t Touch the Money! If in Doubt, don't do it! Keep Good Records
Wednesdays with Wendy wendy@carolinahardmoney. com 704-400-9481 www Wednesdays with Wendy wendy@carolinahardmoney.com 704-400-9481 www.CarolinaHardMoney.com