2) PS specific home - We looked at a few and were intrigued by one that is a 3/2 (plus self sufficient ADU, former garage) with a nice pool, yard but 2/2 on city records.

Open a personal account, use their banking services & if you can demonstrate a track record of executing on the real estate loans they fund for you, these relationships can really accelerate your growth.

I know sellers who find a buyer with a track record and the seller does seller financing so there isn't a big capital gains issue (plus they're making money on interest). 

There are many Business Loan Applications, which are virtually identical and carefully worded, that you can find online.Hopefully, your lawyer includes a Certificate of Non-Owner Occupancy in your loan package, and language to that effect is liberally mentioned in your note and mortgage/deed of trust.Consider obtaining a script offered now by some lending attorneys that you can use to interview your borrower about their intent during a recorded Zoom call.

They will wait 7 years for it to fall off their record.

However, the seller claims he purchased the property as a two-unit dwelling based on Baltimore City public records, yet it’s not legally permitted as such.

@Elaine Goepfertunderstood on the vulnerability and for the record I do think it takes courage to post these types of situations.hopefully you are getting some ideas.how much longer do you have with the short term loan - 1 month, 6 months? 

title company missed code violations of record house was built half on another lot  they paid right away.. 

@Taylor CookBe sure to get an estoppel letter signed by the tenants and seller stating the current amount of the security deposit and any other pertinent facts not recorded in the lease.

Make sure you keep records of the expenses as it will most likely add to the cost basis of your property when you go to rent it, increasing depreciation and lessening income.