What's the bet that you're paying a much higher interest rate on that car loan (for what is essentially a consumable item) than if you'd bought it with proceeds from a HELOC on a property that you (could have) wisely bought first?

I'd like to try something that doesn't involve me going back there with a shotgun in the middle of the night.

You got the whole community involved and everyone is really looking out for each other.

The reason he hasn't involved an agent because the purchase price is not far from what is owned on the home so there's not much room to tag on a commission.

Or as long as I am open and truthful with everyone involved, I'll be alright?

I would error on cautious side (pay her back) when family is involved, but that is me.

But it was only a small slice of my nest egg.Finally, know what you're doing when you get involved. 

Paying off high rate consumer debt is the most risk-free, hassle-free and tax-free money you'll ever make. 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

I have never been involved in a hard money transaction before so I’m looking for any advise and/or suggestions on the subject.