If it's to make quick money, stop now.

Obviously a nip from a playful puppy is not going to affect the victim the same way as being attacked by multiple pit bulls.https://prckc.org/wp-content/uploads/Canine-Bite-Levels.pdf(there are no pit cats)Good Luck!

Money partner. 3 year term, 6 points initiation fee and 11% monthly interest (No appraisal or other BS).How did you add value to the deal?

I learned about these restrictions after I could no longer return my earnest money.

Private money How did you add value to the deal?

He is marketing this as cash offer / 201k loan or hard money only not sure why 

Think about it - everyone else is trying to make money.

It seems to me they pool their money and buy a house for cash- thereby not dancing with the devil.

And limit your exposure to like 25k - 35k per deal.If you draw down enough money to finance a purchase and rehab with HELOC you can be in for 150k - 200k. 

You can do a longer term rental, it just doesn't make financial sense if you need to front a lot of money to get it completed first.