I agree with this high level (Private Money = Individual, Hard Money = Company Non-Turnkey Product).I've been begging (mostly to no avail) for better clarity and definitions here for these to avoid confusion - BiggerPockets IMO has a HUGE opportunity to set and create the "gold standard" universal definitions of loan types with just a little initiative. 

There are always 2 sides to the story so it's nice to see when the service or product provider can show proof, etc...As you have seen with me first hand over the last few weeks.I've always believe in learning from mistakes and only blaming myself when $#@% hit's the fan.There is enough free content available online for everyone to study.You will only truly learn when you start doing.Thanks

Traditional banks tend to not have this product.

Hi Vincent, There are lenders that offer a DSCR product for an applicant that hasnt owned any real estate.How is your credit?

They are products of your brain trying to protect you from danger but in reality, there isn't any danger.

Anyone have any products that wlll refi these smaller loans?

However, if I'm just looking at the structure/improvement I believe that a home would depreciate following a curve in the same way that most physical goods depreciate on a curve (in terms of real dollars, adjusted for inflation). 

I don’t think this is the borrower homestead since the records have a different owner address than the physical address.This is confusing because we aren’t buying a foreclosed property, we would be foreclosing to take possession.

There’s not much else it can be unless it’s in really bad physical condition, which the PM would also notice right away. 

After well over 1000 houses it’s proved it’s worth.BUT if you think sugar coating will work sprinkle sugar all over the conversation. certainly nicey nice communication and unabashed laughter will get you elected but it won’t buy many houses. our product is money and we best not forget that. there’s a power exchange happening in every conversation and the one who blinks first fails unless winning isn’t important.