You mentioned maxing out your lending limit - which makes sense if you're borrowing based on your credit profile, income and DTI, but what about exploring options with lenders that purely underwrite the asset and it's cash flow?

The quip about lenders not lending in Chicago is pure fallacy.

Our model is buy and hold real estate through pure rentals, personals turned rentals all being class A properties so smaller margin but lower expenses.This site has tons of great sources.

We than started to buy pure investments.

Pure rentals are 20% for 1-4 houses and 25% for 5+.Definitely check out those who you enjoy's signature.

We now paint all ceilings and trim in pure white and use a modern, neutral color on the walls.

When I got started in my career started to invest my income in pure rentals.

Your 99% claim, pure fluff, you can judge gurus and scammers by claims they make, sensational, etc.

And there are many things to consider, including your entire financial picture, your age, your family, your future plans and goals.From a purely financial/math standpoint what @Chris T.

@kathy ReissmannFrom a purely pragmatic perspective you might consider the following points;Sounds like the cost of 12 months money to you is 20%, if so depending on your level of experience, it's not unrealistic in hard money terms.It's never a good idea to do business with family, but if needs must, you must and always make sure you have your paperwork in order and you are going to be able to meet your obligations.Always take a professional position when somebody tries to exploit you like this. if you still need the deal go back and negotiate with charm and a smile, business as usual and get the best possible deal for yourself.Best of luck with it!