@Cody Wageman:You may need to review the LLC statutes of whichever state you are incorporated in to know what an LLC (or any other entity for that matter) is authorized to do as it pertains to lending. 

Best of luck whichever way you decide to go. 

Long story short, my father passed away, I am helping my elderly mother with figuring out her best exit strategyProperty was purchased in 07, completely rehabbed in 2019 and will be vacant during construction due to an eviction mediation agreement.Current Payoff is $179k  ARV is $315, Rehab is about $26k, 30-45 day time rehab time due to tenant neglect and damageExit strategy is to list for sale at $315k via the MLS (I have a broker)She is Currently behind 3 payments at $1297 each as well as looking to finance the carrying costs during rehab until sold. 640 credit score looking to secure which ever is better for this situation, hard or private money.

The NFIP sets two different premium levels: (1) “full-risk rates” intended to cover administrative costs and expected annual flood losses; and (2) “subsidized rates” primarily for high-risk properties built before flood maps were issued for such properties or for coverage begun before 1975, whichever is later.

@Josh Loayza, William watt, Lien holders have one year after receipt of certified mail notice to redeem, or first three years after auction, whichever is longer.

The max a tenant can deduct from rent for a unresolved maintenance issue is $300 or the cost of the repair, whichever is less, and they must follow a very clearly defined legal process before they can deduct a penny. 

For whichever option you go with, I would just read it thoroughly to make sure it fits your needs.

You can send a whole lot of direct mail for $20,000, and the direct mail is way more likely to get you a deal than whichever slick strategy you're being sold in a seminar.

Take this whichever way you want, but guys like Strather are a whole different level than say someone like myself or Mike.  

The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).Please keep in mind the multiple loan rules:Under those rules, the sum of the balances of a participant's outstanding 401k loans under a single 401k plan (using the highest outstanding balance of each loan over the last 12 months) can't exceed 50% or $50,000 whichever is less.