If you keep the house over the same period, its value will hopefully track or outpace inflation and your heirs can inherit it.

Your credit score is above what lenders want6.

A good private money lender should be transparent about terms and fees, have a solid track record and experience in real estate, and demonstrate flexibility in tailoring loan options to meet your needs.

-------------------------------------------I am involved in a construction project which requires a Builder’s Risk policy/coverage…something off the beaten track for most people.

And if you are not really invested in researching and tracking the different crypto projects, you are just gambling, not investing. 

There is a lender willing to refi cash out the property right know, should I take this lender offer, or would it be better to go to a local Credit Union or Bank and have them run the numbers?

I’ve personally been keeping track of all data we receive to understand trends in the markets I operate in.

Private money lenders primarily lend money based on trust and your track record.

You also asked if you should put your own house into an LLC.Yes, I think getting a Home Equity Line of Credit is a great way to get access to that equity and only use and pay for what you need.Putting your own house into an LLC may affect your ability to claim homestead taxes so you may not want to do that and may also affect your home insurance.However, putting your fix and flip into an LLC can reduce your liability exposure but make sure you also have the right insurance on the property while it is being worked on.

Ask for their track record with properties similar to yours and how they navigate disruptions (like renovations) while maximizing occupancy and revenue.Communication & Problem Solving: How proactive are they in handling day-to-day issues without needing to involve you?