It is a subtle let critical distinction if you want to successfully avoid prosecution by the SEC or a state regulator.

It's a different way of viewing lending, one that caters to the swift and often unpredictable nature of real estate transactions.One of the distinct advantages of hard money lending lies in its speed.

Lots and lots of different neighborhoods with distinct character and history.

Griffin, I've been researching this subject myself and have learned the following:ESA does not = Service animalThese are two totally different distinctions. 

Others have made the distinction between a fund and a syndication offering on an individual project or group project. 

However, they are very distinct from recurring annual fees based on total invested capital. 

@John Powell, In this case the LLC is a distinct tax payer because it files it's own tax return. 

I also agree about the mentor/coach distinction. 

I think we are likely just talking about adjacent but distinctly different lending worlds.

However a distinction will be in the details. 10k to go to wholesaler and 2k to your broker for your payout.Make sure your client is okay with that as it will be spelled out in the contract.