GC's should not be banks - have the borrower get a loan from a bank to pay the GC (this is what I would do if I was the GC)

Holding costs are alot on hard money loans. 

They will not work on properties that have a Hard Money Loan in first position2.

I’ve been chatting with a fund manager about our performing notes.He asked a question I hadn’t heard before...Would we be willing to buy any loans back if the borrower goes 90 days delinquent?

I don't do a ton of flips but can be a good resource for lending as I've got loans w/ 8 or 9 different banks in Cola. 

Chris,For non owner occ loans in CA or commercial loans if you wish to pool investors one way to do it is through a CA RE Broker who can legally fractionlize a single property into 10 or less co lenders as to thier % interest in said loan. 

Her loans are a VA and fha loan.

I found a bank that will give me a loan against the note.

I have clients looking for lenders that don't require as much information to be submitted to be compliant with loans.  

I have a very odd situation:I basically bought a house for a friend of mine about a year ago and gave him a 5% interest only loan for the entire purchase/closing/renovation costs.Both he and I would like him to get more permanent financing.But, he does not have a social security number.