Thanks Brandon for your beginners’ guide to private lending. If a real estate investor wants funding on a short-term loan to flip a property, at what number in the flipping calculator would you be concerned if the property posed a risk to your investment or should you care, if you are only a private lender. This may be a different situation, if you are partnering with him/her as a funding partner of the flipping deal of which you have 50% of the net profit when the property is sold. Also, what implication if you are placed as a second lien on the deed of the property as a private lender, in an event the real estate investor defaulted in his/her project.