Perhaps you are talking about something different.

I think you will definitely want to talk to your lawyer because there may be items linked to this transaction you are not considering. 

Getting that first property is exciting—and yeah, NYC is no joke when it comes to price of entry.Honestly, a lot of people I’ve talked to in your shoes end up finding better opportunities just outside the city.

Clear CommunicationA great contractor is easy to talk to and keeps you in the loop.

Super excited for you to be here and connect with other investors and talk about your goals. 

Sometimes they turn out to be legit and that is just how they talk/type.I wouldn't call em.

However, we are able to offer this type of financing internally with our own funds on a case-by-case basis, taking into account the borrower’s profile, the property’s condition, and the scope of work.

Finding an investor-friendly agent is key and they should be able to help you with 1-4, I'd say talking about those questions you asked would be the perfect thing to ask any potential agents you interview! 

Quote from @Jed Butikofer: OK, now we're talking!

I just re-read and realized you're talking about getting loans for lien position 2, is that correct?