I just got served a small claims suit because a guest thought our pet fees were too high :D

@Jeff S.The fractional TDs I'm considering buying are existing, performing short-term loans (6-18mo hold time) that a HML originated and are now selling (presumably to free up capital to make new loans).  

many HML will call themselves private money lenders to give the illusion of cheaper rates and easier terms.Private money is just that individuals with funds to invest that are Private they dont hold themselves out as in the business of lending.normally this would be friends family or other high net individuals you may already know who want to do deals with you.

Is not it prudent to pay by all cash to avoid high interest rate at this time?

These traditional value add opportunities have worked just fine for us and would have continued to have performed well for us.  

Any advice or responses are much appreciated.On a new build, I’d highly recommend using a gc, too many moving parts (literally) to keep track of, & if you screw something up, it could be a massive disaster. 

That’s a very loaded question, as it’s highly specific to your situation.

The interest rate you were quoted is not high.  

This Mountain Modern condominium has high-end finishes in kitchen and bathrooms including heated floors and custom built-ins in the living room.

Why not just go to a bank or private lender rather than play with that very high interest money?