What would be my best approach, I assume find a private lender and work out some deal with them.All questions and answers will help thank you.Normally the lender for the reverse mortgage will start a foreclosure.

I have met some private investors that are interested in helping me with the funding of my flip, but I haven't found any properties yet.

to simplify, here's what i would do: don't borrow private money, or partner, until you have a track record. 

However, there is no way to do so without risk.The Internal Revenue Services issues three (3) Private Letter Rulings (PLRs) that allowed the taxpayers to do just this.

I've personally utilized private notes on three transactions and participated in another handful of negotiations with sellers on behalf of buyers in the past five years. 

@Wade Wisner -  Most of the notes that we purchase we keep in our portfolio and borrow against them with private capital.

Private investors want to invest in deals they believe will be profitable.

What would be my best approach, I assume find a private lender and work out some deal with them.

If I wasn't able to get the cash together, using a private lender would've been a good option.

Alternatively, a private or hard money loan could provide faster funding if traditional lending timelines don’t work, with the option to refinance once the build is complete.