Digging a bit deeper here, perhaps you can help me get an understanding of what you've got going on......You've got this reply explaining to me how easy it is to make money and how you're able to do this on the side with your 12 hour days at the day job......But you started the thread with questions on how to actually perform a double closing and get into transactions without proof of funds.

Explain you’re sorry but with the unlnowns of the eviction moratorium you need to protect yourself. 

Certainly be sure to have a knowledgeable originator explain the nuances. 

After we switched to cozy tenants aren't having as much trouble.i can't explain exactly why cozy is better for tenants, but somehow clients have an easier time with it in my experience.

Our main objective is to take larger Units(Some 3500 sqft+) and break them down into smaller units with more manageable rental payments overall, while still having increased rent PSF since units, and building will be renovated.

Please explain.

So just be aware that the numbers can be explained and make sense.I'm sure I'm forgetting something but I hope this was helpful. 

They owned it outright so I explained my situation and showed them how I would pay them ASKING PLUS INTEREST.

They owned it outright so I explained my situation and showed them how I would pay them ASKING PLUS INTEREST.

What we want to do is identify and explain how quickly the private lending industry evolved and why some companies had a firm stop as of last week.In the hard money industry, the rates that are offered, coupled with leverage are a direct result of "supply and demand" of capital.