Financed $120k (80% LTV) at 8.5%, 30 year with no secured loan (not a heloc).  

I'm just curious whether hard money loans are ever collateralized by anything other than the real estate being purchased.

Hi John,I am getting a Ring Camera installed (lesson learned there). 

All of that *can* be a tough recipe for a DSCR loan at max LTV (75-80% LTV).We even had one major national private lender bail completely on their 5-9 Unit Multifamily product as of this week.

Or from the actual 10/15 year loan?

Are you doing a 25% down loan? 

Since, CFD do not have a note, my understanding is that a loan mod would not apply.

DSCR loans won't use your income to underwrite the loan.

In the worst case, I've seen contracts where LPs are made to personally guarantee the loan.

I imagine lenders won't loan up to the desired LTV (ie: 70-75%).