they are one in the same .. private money technically is someone who is not in the business of lending money and does only a loan or two a year.anyone in the bizz that does multiple loans is a HML.. rates very.. with both.

They typically want two years of work history before they will lend to you.

Probably the most important policy change made by the Office of the Superintendent of Financial Institutions was the removal of the stress test for those who are renewing their mortgages.

Thus, I instantly concluded this lending opportunity being a NO GO.

What strategies do you use to build strong relationships with private money lenders, and how have these connections influenced your investment success?

Quote from @Giannina Leyton: I am about to sue Flip Systems for my money. and Mino Lending as well. 

I recently moved to Greenville, SC and am also looking for hard money and private lending options in my area of northern South Carolina.

As we will likely hear more about interest rates in the coming days I wanted to share some recent real world experiences in the Commercial Lending Space. 

My constraints are that I am only 24 and do not have any previous lending history nearly to this capacity, as well as having limited knowledge on how to structure these deals with subdivisions.

Non-recourse loans are typically more common with large-scale commercial projects or through institutional lenders, but most lenders prefer recourse loans where personal guarantees are required.The reason most loans are recourse is that it provides the lender with additional security.