What are the main differences in hard money lenders vs. private money lenders?""

I only qualify for about $500,000 with my W-2 income.Without getting a private investor, is there anyway I can prove previous rental income in order to use the potential rental income to qualify for the loan.

HML, private money, and OPM it doesn't matter.

Debt Protection: If you have mortgages or private loans, a life insurance policy can protect your family or business partners by covering outstanding debts in the event of an unexpected passing.4.

I've learned a lot since then have become a private money lender and have done a lot of deals.

Maybe he's talking about a private money lender??

If there is a mortgage on your primary residence and you are trying to deed your primary residence property to an LLC, you will need to check with your mortgage company if they allow it.

Private lenders, like who I work with, prefer to lend to properties held under an LLC. 

You can also do a 10% second home mortgage to buy another place and later turn it into a rental. 

Quote from @Chris Anthony: To clarify we are sellers not mortgage broker.