Overleveraging by paying too much for the property mixed with mixing hard money with private money for a 100%+ LTV at the beginning of the deal.

As a private asset based lender we often see loans that institutional lenders have turned down.  

Also, depending on your network from BPCON, see if anyone has connections to private lenders willing to do higher leverage, especially for strong deals like yours with a solid ARV.

Is intentionally inflating a payoff a form of fraud - not an attorney but we do private lending and if you misrepresent the loan amount intentionally yes its fraud.

Investment Info:Other private money loan investment in Randalia.

I used a private lender. 

If stability is more your style, the home equity loan covers you.

I recently started working in the private hard money area of Real Estate.Currently I work with a hard money lender based out of LA and we focus on mortgages, commercial, and anything business purpose related.

The style is not on the current trends and attractive for a home that's priced 3-4x the average home in the area (nothing high end about it). 

A lot can be learned by reading books, watching online content, and learning as much as possible about raising and organizing money via a syndication or private fund.