That can be a draw back if the market is on a mad run up tho.Also, I would always have enough in a heloc to cover your 401k loan in the event of job loss or if you quit your job. 

My focus is on providing either turnkey-style space for those interested in temporary, infrequent use or long-term leasing for business folks who require conference room space (or perhaps event space).  

In the event we are more than 30 days late on payment the agreement becomes void.

Attend local builder associations or networking events, and focus on small contractors or businesses without in-house permit expertise.Highlight how you save time and ensure compliance—it’s a big value-add.

I recommend checking Real Estate Events & Meetups here on BP as well!

Message me for the details of this event.

The most important thing is to ensure your loan is covered in the event of a loss.  

Go to local meetups, search these forums for people that have mentioned that they do private lending and attend other RE events.

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It takes a lot of time to build up a reputation in the wedding/event space.