Originally posted by @Kyle Collette:@James Wise definitely true.. tough situation for sure How much money do you have tied up into this situation?

Lending attorneys are not the same as real estate attorneys, so choose wisely.

Do your homework and be realistic about your abilities and knowledge. I see way too many new investors falling into a trap these days of seeing dollar signs on paper and thinking "this is easy."  Each real estate cycl...

Good to see you and others move away from hard money lenders.

I use private money for purchasing foreclosures all the time.

Good morning,I wanted to take a second and speak with you about the advantages of leveraging your capital and using Hard Money to spread out the risk and increase your potential ROI on each project you undertake.

I have had negative experiences with Conventus and there underwriting process that did not occur when using private money when it comes to banking, I have been known to take advantage of account opening bonuses and gave frequently switched instructions.

Since you’ve got your eye on a few lots already I’d just recommend making sure they line up with your build goals zoning wise and access wise before diving into partnerships.

I don't think it is about the money, but the fact that at any point they could have talked to you to ask you to verify it. 

(saving the money to have your own deal is the worst idea)