Private money lending is a great way for real estate investors to access fast, flexible funding.

The value of the market 5 years ago absolutely is not what it is today.

Reason I’m asking is because today reading through old posts on this subject, I came across discussions that stated if it was Credit Card, PayPal, or similar avenues, that 1099s aren’t needed since those companies issue them.

From what I’ve read in the Wall Street Journal, locking in a low interest rate now could be a smart move given today’s economic trends.

I want to be in this for the long haul but I still want to work as fast and efficiently as possible!!

only small builder or home are not selling fast enough would consider sell to investor.Anyone in Knoxville could verify this or comment or connect me with builder. 

That’s not a hard fast rule of course.  2.

they will lose a ton of interest on 5.5% loan if we refi with someone else, but it would likely be 7% so its a lose-lose, they will lose our business and it could be in their favor to just drop the abusive term, ridiculous that a conventional loan doesn't let you keep the place after moving out. never saw that coming and this type of "pulling a fast one" is exactly why the other buyer who couldn't be present on closing specified that the power of attorney for signing closing documents was limited to exclude anything unnecessary. 

Today's interest rates are more difficult to do deals but people also did deals at 6-8 or 10+ percent interest in the 90s and for decades prior.

For example, if the inflation rate is 5%, what costs $100 today will cost $155 in 10 years.