However, we, as human, tend to behave the same way in every cycle. 

Many of us neglect this feature as a result of if they behave, they'll never have anything left to measure on.Venture CapitalistsThis is an ensuing most blatant supply for your initiative.This is till now the most obvious and significant source for pumping money into new business.

We human tend to behave the same way through each cycle be it now or 100 years ago.

***Newbie alert***PROS- Have listened to nearly 50 podcasts over the last 3 months- Registered with local REIA group and began networking/building team of contractors/agents/RE attorney - I have a private lender lined up that has PLENTY of capital and solely wants to diversify their investments- Have analyzed some deals, though probably not as thoroughly as I should have, hence me signing up for BP plus membership before the deadline to access calculators to hopefully show I am taking the right stepsCONS- I have never done a deal before - Recently relocated to this area (only lived here 3 months and moved over 600 miles away from all friends and family)- Currently in the process of purchasing primary residence with wife (this isn't necessarily a bad thing, but just trying to balance life/new job/closing on home/launching RE business all at the same time is new and somewhat intimidating- I think I may be having some paralysis by analysis set in.

Funny to even be having this talk, it’s such a personal decision.

Do you think these hard money lenders have a right to call themselves hard money lenders when they behave like traditional banks?

The bank does have a lien on the home which means that they are first in line with their hand out when the proceeds of sale are distributed.I am concerned that everyone named in the will is behaving as if they owed the property.  

What they fail to understand is that we can do all the things they want us to do because we don't behave (or bill) like a direct-labor subcontractor. 

So the question pertains to protecting the $100k-$200k of equity in the entity.I'm in a strong position and will be having many properties fully paid off soon.

If it was a given we wouldn't be having this conversation.