You and this private person you met hammer out the details of the loan at the kitchen table so to speak and you seal it with a handshake and your reputation that this Private Person already respects or whomever introduced has vouched for you.But if a man opens a lending company tomorrow with 50 Million of his own capital and he checks in on the HML market to see what it bears and he copies his products and UW guidelines and now is he PML or HML? 

It's understandable that unexpected things arise sometimes, especially when you're opening up walls or dealing with older electric or plumbing.

Depending on your multi-family interest, type of project and timing; I might have some interest, if you're open to that idea. 

It would be great to hear about any unique experiences that might resonate with the community.It’s fantastic that you’re open to answering architecture-related questions—there’s definitely a need for that kind of expertise here.

Sometimes telling a seller "I can only make this work if we adjust the price" can open up negotiations.

What would be a good actionable for you now is to visit open houses in areas you think you like and starting talking with Listing Agents at those homes.

In my experience, however, I don't think there are much benefit from doing this versus just opening a new LLC for your PA investments.

I think since it's personal and you're the only owner, I would open a high-yield savings account and get 4-5% on the money.

Some call a line of credit a bridge but its not its a open end mortgage and the lien is in second position.If you have any questions or want more info on the above types of scenarios feel free to reach out or send me an email.What you want in this current market is a cash out refinance unless you are trying to sell a primary or vacation home.

If anyone wants to take me under your wing I’m open hehe.