Jake,I listed my reasons for not wanting to keep him on as a tenant, but I don't see how the next logical step is having him deported.Just like in all of my dealings with anyone, I want to get what I need while doing my very best to treat the other person with as much respect and dignity as I possibly can.

I respectfully disagree with Keith Lutz on this one.

In some respects this post is cathartic.

Yes, I do think "private money"has a somewhat more respectable air than "hard money".

I work a professional job and have a very respectable income.

Have the dignity and self-respect to walk away and go find another client, everything else will take care of itself.”

I was hoping you were going to reply, as I respect the help you have provided on Bigger Pockets.

I would have to respectfully disagree with your comments about trust, past performance, borrower's credit scores, as the place to begin in HM/PM lending.As an experienced HM lender told me when I started out a few years ago, "There's only two things you need to be a successful hard money lender, good loan-to-value and clear title."

And all due respect...but Post Cards just don't do it anymore.

By the way it is very rentable as is (just needs new carpet and paint), but most the 38K would really preserve the investment, solidify the rental income, and we want to be responsible landlords.We have decided not to touch the equity in our primary mortgage (most of it was a gift from my parents, so I especially want to respect that.)Currently, we have a request into Fannie Mae to reduce the sales price to 21K according to the appraisal.