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Best Seat at the Table Title Here
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Top Five Mistakes Private Lenders Make Protect Your ASSets
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Follow in my Footsteps Watch out for the Piles
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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
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Number 5 Never Lend to Family, Never Borrow From Family
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Borrower Due Diligence
Number 4 Borrower Due Diligence Cash on Hand Character Judgements or Liens Experience
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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
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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
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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
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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
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Wednesdays with Wendy wendy@carolinahardmoney. com 704-400-9481 www
Wednesdays with Wendy
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