-They have high blood pressure-DiabietesAnd not people that are retiredOr people that almost not doubt have legit problems

I live in CA bought in STL a few years back, did a traditional BRRR but the prices now are too high numbers on Brrrs to work.

It's just too risky to have that much high cost debt at one time.

While private money isn't highly regulated at the federal level, there are subtle nuances to be aware of in each state that may trigger your loan becoming a security and then the SEC would have regulations to consider.

Lawyers are held to high degree of care in how the handle the business of clients. 

You can find a company that doesn't have a high spend/volume requirement and flexible pricing options based on your needs.

I see this trend increasing given SFH in immediate Bay Area won't be built or will be high priced.

We would have liked to invest locally but prices here in California were too high for our budget.

I see with this with a lot of local banks or credit unions.The Banker should have walked you through the basics on County loan limts versus Jumbo &  High balance.

Its much better for them to sell a high dollar house to a retail buyer.