On the consumer side with QM I can handle conventional, FHA, VA, and USDA.

Also, are you meeting with a "consumer" lender or a "commercial" lender?

The seller must've been very motivated to retire...are you buying any residential properties now or does this project pretty much consume all of your attention these days?

Hey @Joy Daniels, so we looked at triple sheeting and it is kinda neat, but it is time consuming to flip a house when you have to triple sheet 7 or 8 beds.We use the Big One sheets from Kohls.

If I create a debt fund that offers 9% interest on first lien notes with a 5-7 year payout, would that be attractive to high net worth investors?

I checked the Better Business Bureau for complaints, I checked the NJ State Attorney General consumer division to ensure he was licensed, I checked every reference he gave by visiting sites and speaking with the homeowners. 

I was going to use Kiavi, but apparently I do not have a consumer profile and lexisnexis has to locate it and this can take a while and I have a deal on the table that I do not want to lose.Please advise.Thanks!

This negative position can consume years of cash flow to recover.

It allows you to skip the stress and time-consuming process of managing rehab projects and focus on the cash flow aspect. 

I have been consuming as much education/reading regarding out of state investing as I can as well as literature regarding buying larger buildings (not quite the syndication level) although I have been reading that material as well to digest.