By lending money on quick turnover deals and running JV's I should be able to fill some of the latency period with needle moving activity.

The pref layer is a third party institutional player.  

She took about two months studying outreach particular niche and instituted a program in steps where the results could be verified before implementing the next step.  

Many DSCR lenders will not lend in Lava Zones 1 or 2.

I haven't determined my price point yet as I'm still researching hard money lending and DSCR loan products. 

Many times they just do plain vanilla lending.

A huge number of properties we have looked at would have issues on this front.It can lead to an opportunity to improve the value of a property if you can buy it with an illegal area, get that area legalised and then sell on with a higher value that the bank would lend against, but it's not clear cut and it seems though that there are almost two levels of 'legalisation' - we were able to register all of the annex on the plans and could fully incorporate a portion of it but there is another portion that is too close to the back boundary wall that should only be used for things like storage and not ever for habitation. 2) During the purchase process be careful, amongst other issues with this property we had the situation where the seller's lawyer was not actually a lawyer (having been struck off).

I included stats on percent unleveraged purchases and that many of those fairly low percent cash purchases in fact use unseen leverage HML, private lending, etc and some are short term cash holds such as a flip or a brrrr that gets financed not long after purchase.  

These people are not necessarily in the business of lending money and loans from them can be negotiated in any number of ways.

I also still have 60% of my line available, along with current savings to do another deal.With respect to paying off the seller note, I have been working with a number of people discussing private lending.