Investment Info:Small multi-family (2-4 units) private money loan investment.

CLOSING: If you have your pre-approval from reliable lenders, then you should be able to close with a favorable loan option.

If you want specific advice, things that would be important would be some background on the sponsor (years in business, portfolio size, you don't have to name names), where the property is (city), what it was bought for and when, how much was the loan and when does the loan mature, how much equity was raised, was there any preferred equity or multiple share classes, what is the occupancy, is the sponsor responsive to your communications and providing reports, and so on.

Can someone provide your thoughts on the following questions, please? 

Sub-to has risks of loan being called. 

@Jennifer RysdamWhen we sell properties, we provide all the information to the new owners.

If you have the mortgage in you name, would the LLC provide any protection against a lawsuit?

My alternative would be a conventional loan with 20% down where my budget would be about 200k or 40k down. 

.- LendersI want to find a lender that I can rely to provide me a steady stream of debt and who I can show they can rely on me to provide them a good return without dealing with any surprises on my end.

In the process of BUYING a PURE Option to buy a SFH subject to an existing loan (at a lower fixed long term interest rate)Let say the OPTION "Strike price" to BUY the property IF or WHEN the OPTION is EXERCISED is $300K The seller wants $60K to sell us the OPTION.