If my goal is to Purchase Investment properties as Rentals, using Portfolio Lending ......

Best place to find the next REX meeting is at;  http://www.meetup.com/R_E_X_/The next meeting is about investor pit falls and commercial lending. 

Hey community,My Wife and I have $50,000 (don't laugh) that we would like to lend to a hard money lender in the Dallas area to earn interest on.

After that, my downpayment money is gone and I'd have to find another source (not sure a hard money lendor would lend to someone with very few properties under his belt.  

most banks have a rule that they have to make 4% on their money so if you borrow at 4.5% you have to lend at 9%, there are plenty of owner finance deals in WI at 11%-18% cuz if they could get a bank loan they would, but if they cant, the risk is pretty high, especially if the down payment is low.  

That's the world of Commercial Lending - -Pro:- the CU is treating you as a professional - - not too common for CUsCon:- the ARM and refi Typically, these loans are  X years, Due in Y (implicitly coming due with a balloon payment.The X years sets  the amortization table and you refi at Y years;  eg 20/due in 5The propert(ies) are already vouching for you (hence Com Loan), so when the Y years arrives, you're refi'ing the balloon amount and it should be a cakewalk with the same CU unless the IMF, EU, & US Treasury all go belly-up.

Smaller banks and commercial lenders may allow an assumption but rarely as they would rather make a new loan and an assumption may not have any new buyer's skin in the game, not a good lending practice.

I also don't like to lend in these areas because no comps = market values that are not known yet.  

https://www.everbank.com/_experts/lending/j/jim-taggart  his phone number is on the link. not sure if they go to 80% but they might. 

As soon as you inquire about business/commercial lending it's like they smell blood in the water, they want higher downpayments, rates go up, length of loans goes down, and the process is way more of a hassle.