Advises on my property

[Xu Som]

Hello BP,

So I am at the stage of looking to repair/renovate my family house. Currently I'm the only one living there and paying for mortgage since everyone else moved out. The house is under another family member's name, but I plan to purchase it from them. I found a local hard money lender that will help for 70 percent of the ARV, but was wondering if there might be any other private lenders out there also that might want to jump in on this deal also. I want to either Rent it out or Sell it depending on the circumstances and how the figures will work out. I am still new to the Real Estate business so any advise on how to approach this will be welcomed! If it helps, I am from Minnesota. Please feel free to message me also with any detailed questions.