For true private money lenders (not hard money), both parties naturally need to be protected but more so the lender since their money is at risk.

This person was in a position to know, but that does not automatically mean that it is true.

I can't speak for Miami but this does not hold true for Waikiki.

Let me know this is a scam sounds to good to be true and thanks in advance!

It has that true island vibe and attracts divers and backpackers.

But  I will play along.PML if its true PML  not HML calling themselves PML is very much relationship based.So I just took on a  new client in the mid west...

Matt, do you know if this is true for other states?

Those numbers are always great in theory, but people fail to understand what it is like in practiceWhen you are competing with 50 other units in your block for rent, can't rent the property to qualified individuals, and are dealing with constant maintenance/property/tenants issues, you realize that the returns are too good to be true. 

It’s best to get multiple perspectives to understand your property's true market value.Feel free to DM me if you need any realtor recommendations or further assistance.Cheers, - Will

When I approach my true private lenders (family, friends, personal connections) with a flip project I have upcoming, I present it as an opportunity for them.