Or is it better to wait out the seasoning period with your loan balance (I used a HELOC so no hard money lenders or balloon payments) and just refi out in 6 months?

I was wondering if it would be better to do two private loans or one HML (first position) and a private loan (2nd position)thank you for your help!

Identify areas with characteristics that will drive demand....accessibility, good schools, neighborhood amenities that improve quality of life (parks & recreation), quality retail/commercial etc. 

can utilize the DSCR loan !

I would like to start investing soon, but my full time is brokering for Hard/Private money loans.

The old loan is paid off for $200KE.

Todays interest rate environment it is not a bad idea because it will be challenging to get returns that meet your interest rate you are payingIf your loan is 2-3% I would out the money in an account earning 4-5% compared to paying down a 3% mortgage - but I also get the stress relief of having a low mortgage and lots of equity

I was able to do a DSCR loan and re-coop my entire investment.

I have never been asked for this is 40 plus years of doing private loans..

An inspection is more than the building which could be demolished, remodeled or otherwise improved.