I built a pretty solid relationship with them so I suppose thats why they're offering so high for me.

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

I'd imagine that would be more cost effective than asking them to draft a whole new contract.

However, I'd advise steering clear of Harris County, particularly in Houston, due to the excessively high taxes.

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.

Now when I see the law AB 1482, it says single family home not owned by a corporation is exempted from rent control provided they give notice of exemption (and the line in CAR form says, tickmark Notice of Exemption for notice to be in effect which we did not)The property will come to market for rent in month of July.

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

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.

Your loan size will also effect the rate as a lot of the better non-qm financing have loan mins etc.