I’m a W2 employee that likes to buy and fix up short term rentals.

This could lead to friction during the application process or deter some potential tenants.Increased Administrative Work: Requiring multiple applications per household increases your workload, as you'll need to process more information, run additional background checks, and review more documents.

This can be especially useful during the first years of purchasing, remodeling, or constructing a property when budgets are tight and having money on hand can be beneficial.

Time value of money they could invest that $160k somewhere else and earn $50k+ on it over that period vs losing $96k.

Bull market: most everyone makes money.  

I took out a hard money loan with Kiavi for one year. 

My thought is I can potentially save faster and get a cushion of money in a savings for the property.Thank you 

-----Just SOLD a Flip Property in April, long-story short my GC got me busted with the City and had to sink another $44k into the project so broke-even.

FasterFunds Lending, a hard money lending who focuses on the Saint Louis Market has a unique take on hard money lending that I would think should be more popular.1.

Their requirement to return 90% of revenue to the investors makes things very difficult if they are borrowing money in a challenging rate investment.