Or she stops paying either on purpose or by accident and doesn't tell you and that wrecks your credit...

Now private lenders are my main purchase method, along with seller financing and BRRRR.

Only 1 was found through the MLS, but more recently that has become my main option.

This is actually one of the main reasons many agents and investors may not like them generally speaking (they are often not serious professionals with a proven track record of success, the vast majority are struggling to find their first deal and are time-wasters to interact with).   

I just bought a Lake House in Maine this past summer.

You’re in a great place to learn and connect with others who’ve used real estate for similar purposes.

What's your purpose for these discretionary funds?  

Clearly record the purpose and terms.LLC to Personal: Draw money as an owner’s distribution or repayment of a loan, ensuring it’s properly documented.➡️ Mixing personal and LLC funds without proper documentation could pierce the corporate veil, exposing personal assets to liabilities.

It’s evident that your diligent and purposeful in making it happen.

Hey David, I think the main issues you will encounter is the minimum loan amount and minimum as is value.