It is a negotiation, nothing more than that.I'm not an attorney, but I feel like in this situation I would have each tenant sign a confidentiality agreement.

So my recommendation is you want to use a HELOC for situations when you can pay the balance back quickly.

By this, I mean multiple generations under one roof.

I'd love to hear what more experienced investors, like yourselves, would do in our situation. 

This is no different from not receiving a 1099-NEC for some contract work: even without a form, you must report the money you received as income and pay taxes.Final disclaimer: there's more to these rules than I mentioned, and there's room for interpretation in many situations.

I'd strongly recommend working with a broker that has access to multiple solutions rather than any captive carrier.

Solution: Could be multiple solutions but often sistering new lumber alongside where too much was removed. 4.

I have a 5 unit that I bought in a similar situation as yours, with some % done as seller financing. 

The key to your success will be how the relationship is defined in the operating agreement for the property.I am in a similar situation.

As for the 2% origination fee, that is most likely what your loan officer is making, which is not good nor bad, just depends on the situation.