Here’s a breakdown to address your questions:30-Year Fixed-Rate Loan for Non-Residents: While traditional 30-year fixed-rate loans might be harder to qualify for as a non-resident citizen, non-QM lenders offer flexible options.

Here are a few specific questions I’m curious about:How does the approval process differ from traditional loans?

The building is in the $6,000,000 +/- value range and I have a primary mortgage of $650,000 +/-.

Have you found that private money lending allows you to structure deals in ways traditional lenders won’t?

(to keep things simple)Property was primary residence for Person A from original purchase until 01/2020.

It's definitely putting a wrench in my life which is the primary thing I wanted to avoid.

I am in NYC as well looking to get a heloc on my primary residence.

@Landon Lehmann many investors borrow against their primary residence equity to invest.Getting a HELOC can also be the path of least resistance and cheapest.There is risk though, that if you investment results in a loss or lawsuit that you could lose some or all of that money and more (lawsuit).Getting more insurance is typically easier than setting up an LLC and meeting all the requirements to separate your business from your personal assets.What are you doing to source potential flip properties?

I'm new to BP and trying to build a team as I dive into more frequent and long-term profitable REI.I've been doing SFH rentals over the last 15-18 years, but it's all been very traditionally financed (ho hum, 30 yr fixed) and as such has limited my ability to invest more frequently, and grow a portfolio.I'm here to learn how to use more creative financing strategies (private money lending, Sub-to, seller financing) to acquire 2-3 units (duplexes, tri) and 5+ multifamily properties. 

If I hold title in the LLC they want to sell me yet another vacant land policy, but If I held title in my personal name my primary home owners/ umbrella would cover it.