Hello-New to hard money but not to rentals, I own 5 doors that I have funded myself but want to keep some reserves so looking into hard money for my next deal and will refinance into a conventional loan to keep the property.Are these typical hard money terms or is this too much?

We have ask for a mutual release and return of our $2,000 earnest money due to the fact we no longer feel it is a safe area because of the break in and there have been a few other red flags along the way.   

See how much money you can take out of your property and how much you can rent the property for.Don't overleverage yourself.

And then I got my real estate license in WA.So, if you want to get more efficient in your time spending in expanding your portfolio, I'd say go with an agent who will bring you the most value and safe your time.

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further. 

Then you are "allowed" to spend the remaining $850 on mortgage and other items.For my Bookkeeping Clients, I suggest to them to use a Savings account for these items to add interest income to their account until they need it.

With that in mind, I would ignore that aspect.That said, I always like using the cheapest money first. 

The college girls are very sweet. 2 play sports on scholarship and work and have told me they pay their own way with their scholarship money, loans, work etc and have good references from previous landlord and credit score. 

Basically they are a type of insurance and insurance companies make HUGE profits because they pay out MUCH LESS than they take in meaning that over the long term you will lose money with them.

So why would you pull your STR off the market for a year and make less money for a (now) tenant that you know nothing about...?