With that, we became the American Association of Private Lenders—and we began spreading the word.Finally, Some DefinitionsUnderpinning the concept of minimizing the use of “hard money” in our industry is a recurring theme of standardization—that the root of the issue is too many interpretations of what the same terms mean.We offer up the following definitions for discussion, debate, fine-tuning, and eventual consensus [last updated 5/9/2022]:Private lender: Any non-depository individual or entity that primarily originates business-purpose loans secured by hard assets, generally real estate.Hard money lender: A subset of private lender where creditworthiness is determined solely by the securing real estate collateral.Correspondent lender: A subset of private lender where the closed loan is sold to investors.Portfolio lender: A subset of private lender where the closed loan remains in the lender’s portfolio.Fund manager: A subset of private lender where, depending on the fund structure, the deployed capital is sourced by offering exempted securities to accredited and occasionally non-accredited private investors.Private investor: An individual or entity that seeks a return by deploying capital through a private lender or fund; the investor may or may not be named on the loan’s promissory note.Private money broker: Any individual or entity that acts as an intermediary between a borrower and a private lender without directly originating the loan.

Has anyone owned both concepts and can compare them?

While I appreciate the initial concept, a gradual approach might be more prudent.

So to play in MFH in same market of opportunity means paying nose-bleed prices against other buyer's with no concept of cap-x, and having to compete against brand-spankin-new builds looking all shinny and with there assorted amenities like Top-Golf arena, pool, dog washing station etc.. 

Very simple open concept. 

This is not rocket science, it's a really easy concept... 

Find ways to provide value to them, expect nothing in return and sooner or later, the concept of reciprocity will kick in and they will feel a need to help you.For instance, I got up to about 7 units all by myself in one year without any mentor.

Bottom line what im doing right now is still brrring very unique deals I have duplexes utilized as quads with the same concept. 

Moreover, if you haven't already, read "Long-Distance Real Estate Investing" by David Greene to understand the concept of developing your core four. 

Moreover, the professionals often avoid explaining complex concepts quickly because it can lead to a cascade of further questions, which can be time-consuming.