If, hypothetically, I lend $400K unsecured and my borrower disappears off the grid, I will have a huge loss.

(financial things)..to include but not limited to any new leases or modification of existing leases together with rent rolls, with respect to borrower financial conditionThanks for your time

I would not touch the 401K, but I would stop putting money in it so you can have cash for renovating your new investment property.

In my limited experience with portfolio loans, lenders typically use mostly the same criteria that a bank would use for traditional financing, but will allow a borrower to go over 10 loans if their finances justify it.

Does this avenue of hml lending calculation ever stop the numbers from working?

In the loans/mortgages, what are you commonly requiring of your borrowers for insurance, personal guarantees, ect?

And their ability to borrow will be a crushed.So, each person has to make the call.

Unless you have held it for more than a year.for example in this case you buy for 10K borrow 25K from hard money guy and get an appraisal at 50K. 

I can't stop because I have one owner giving me a call.

If we created an LLC for the partnership, would it be possible to get financing for the LLC if we all placed a Personal Guarantee on the mortgage and we were considered strong borrowers?