@Greg HodgesHave not invested but just make sure you understand your risks of secured vs unsecured as honestly tired of listening people complain about getting screwed when they invest in unsecured debt and are like “oh I didn’t know”…. https://www.sec.gov/Archives/edgar/data/1831623/000117152023000262/eps10909.htmThe Notes are unsecured and holders of the Notes do not have a security interest in the real estate loans or the proceeds of the real estate loans.

As they described it, the principal of the insurance earning interest wasn't diminished by the loan like, say, a 401k loan would be.

These are also income based loan so the debt to income (DTI) ratio has to work. 

Getting a license to become a loan officer seems to be a great entry point to enter the industry while I build up my real estate network from scratch.

The lot is already split but my loan is for both lots together.

If we are new and not getting 30 per door and 10%CoC,  how would you use OPM for deals that don’t have enough rhab equity to fix and refi to pay back your downpayment loan?  

Bank loan How did you add value to the deal?

Typically most loan origination fees on conventional/FHA loans are capped at 2.25-2.5% depending on the lender. 

Any lenders that you would recommend for this type of loan?

This was a SBA backed loan from CIT.