The private “hard” money loan terms must be understood first.

Agree, I'd look for a HML that can close quickly or a Private Investor that can write a check

I would have to finance the 20% down ideally through a HML or private money.

Some of the houses will be private, market-rate rentals, while others will be Section 8 homes. 

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The thing I am noticing though, is that these properties are still being bought by others in the area, fairly quickly, close to asking price.

Hi, I did private lending to one of my friend , he mortgaged his investment property as first lien with me.agreement was that he will pay interest monthly, and he was almost regular on that.in July that property got deadly fire, in August beginning he paid my interest for July and didn't mention anything about fire.today, he called me and told that he wants of pay off(but he didn't pay last month's interest).I said OK start processing for payoff, but pay me last month's interest asap, then he told me that house went on fire and he is hoping to get insurance money and then he will pay, he has no money to pay interest .Now, my concern is should I wait and watch or I need to take some pre-action to make sure that I get insurance money since I am on first lien.

A few months ago like always I went on search for a few lenders “private” or “personal” if you may.

At this time my PM did not notice that one unit did not pay nor did they notify me.

I am from Europe (Denmark) and I want to use all the content and education available here on BiggerPockets to begin my real estate business here in Denmark.There are different laws, different markets, niches I could imagine.I'd therefore like to ask if any of you can lay out what are the most important differences that I should notice.