Welcome to the site @Mark Nichols.

@Jon Holdman @Nichole Mollica This topic was double posted.

@Nichol SistrunkI think when you start talking and asking questions to the Hard Money lenders you will get some clarity on the benefits vs risks.

Hi Nichole,My first investment was a house-hack in Cincinnati.

So thank you @Peggy Liu, @Dick Rosen, @Nikhil Prashar, @Nichole Stohler, @Michael Swope, and about 40 other people but the tagging function stopped tagging people in this post.

Tina Nichols I don't know the laws in your state but here's how it works In Colorado. there are 3 basic contracts an agent can have with a client.

I agree with Nichole in that I would call some more real east attorneys but you can expand your search to general practice law firms.

@Nichole Stohler makes an excellent point about commercial loans and their 5-yr calls and rate adjusts.  

@Kevin Nichols  one of my borrowers in the day worked Rock Hill and had a tough go of it and got out of the asset class completely.. its a high touch.. and probably most appropriate for locals who are there to watch and manage and can react to things in real time

Originally posted by @Nichol Neto:@Adam K.