Commercial lenders can be found in the UCC.So, these arguments about who a private lender is can be clearly found by the process of elimination and by specific exclusions in laws and regulations.No skin off my nose if folks would rather argue about it, if a situation ever pops up where it matters, you can learn later on, probably the hard way for some.I recall an examination of a bank in Arkansas, the President got into banking by the virtue of having the money to do so, there is no intelligence test required to own a bank.

@Scott C. don't cut off your nose to spite your face.

This is just an example of how to purchase real estate using none of your own money There are other aspects as to the interest acquired in a Sub-2, you are in title as a buyer and you can encumber your interest and cloud good title,No… see how to safeguard the buyer and seller belowthis requires a filing in the RE records… No see belowand is another violation under the first with the transfer of interests by a third party, you, as the buyer.

I'd have sessions with the girls and taught them how to breathe through their nose while keeping a slight vacuum pressure in their mouth exchanging carbon dioxide, sometimes called making out or necking.

we were lucky in some respects, but ultimately, hard work, nose to the grindstone & living simply well within our means does it for us.  

long time no see.

@Brie Schmidt  I think hit it on the nose. 

It takes real experience to be able to say what is really happening and we often have to remind ourselves that markets are fractured even more and it is hard to get data on the street level.  

I vote for tearing out the bull nose and bring it up with more tile. 

Of course, it is on you to do your homework (which you are obviously doing) but if you don't see many deals and want to get into the game in your area, at some point you have to hold your nose and jump.