Its a fairly common strategy.

Sounds like, from your perspective, this type loan would not be best for my situation. 

It seems like a common challenge, and any advice you can provide would be invaluable.Thank you in advance for your help!

Full Disclosure is Required for Non-Accredited InvestorsIf any non-accredited investors participate in your deal, you must provide them with detailed disclosure documents.The SEC states:“[The company] must give any non-accredited investors disclosure documents that generally contain the same type of information as provided in registered offerings.”This is where having a Private Placement Memorandum (PPM) and Subscription Agreement becomes absolutely necessary.A PPM outlines:✅ The risks of the investment✅ The structure of the deal✅ The terms and conditions✅ The use of fundsA Subscription Agreement ensures:✅ Investors acknowledge they understand the risks✅ They meet SEC requirements✅ They legally commit their capital🚨 Not providing these documents could leave you vulnerable to investor lawsuits.4.

If you're in the LA area, it's definitely very common.

It’s not very common but I have seen this done before.

Common area with linked ensuites. tags: senior, elder, shared housing, tiny homes, student housing, small homes, affordable, 

Type up a DEMAND LETTER (some people call it a NOTICE TO EVICT).  

Reach out to a loan broker with your exact info and the exact or at least type of property you want to buy and they should have options and opinions. 

A common pitfall is treating each deal as a standalone transaction instead of connecting acquisitions, financing, and project management as part of one cohesive process.