@Adaze FoltzI've been both a recipient and an originator of many private loans.Provided you are working with a legitimate and experienced private lender, I see TWO main benefits:1.

The other thing about legitimate lenders is that they are usually trying to 'check a box' on a due diligence form.  

I legitimately want to see all of you succeed.

Hi @Kent Kettell, assuming you're running the numbers on your end, any loan offer that enables you to acquire the asset given your level of cash reserves and reach your target ROI at the expected project duration, net of financing costs.If you don't already have a useful calculator to assess cost and profitability associated with fix & flip projects I'm happy to share a copy of ours!

If they're amenable to paying rent, having the offer coming from a lawyer might seem more legitimate and set the right tone for the relationship.  

I appreciate those of you who were sympathetic to the situation and legitimately tried to be helpful...the rest of you, thanks for the laughs.

It’s just interesting that most (imo) financial frauds actually start as legitimate business deals.  

Also, if you have the borrower typically sign a non-owner occupancy certification (which we always do with our loans and recommend other PMLs do) the borrower couldn't sign it legitimately because he already informed you he's planning to move into it. 

It was a totally legitimate question and still is a totally legitimate question.

It will take up to 15 years to get it legitimized with the title?