And they'll want you to pay off the loan pretty soon (and usually will you as the rate will probably be higher than banks) so there's that too.For this reason, we definitely prefer private lenders as they will (if you've built trust with them) often lend on the rehab too.

I don't want to name the REIT we dislike, but if you want to talk more about this offline shoot me a DM.As far as investor profile, it really comes down to someone's individual circumstances and what they're trying to achieve. 

Quote from @Martin Jones: Hello, I'm young individual who is interested in long term buy and hold multifamily real estate.

This convenience and leverage can justify the higher cost of these loans.Personally, I prefer using a HELOC because I only have to apply once and can then tackle one or two projects at a time.

I am a realtor and wholesaler, and I get some buyers looking for owner financing, some sellers need/prefer getting cashed out and there are some lenders I work with who can provide the financing however they run out of funds sometimes.

Definitely a personal preference.

To communicate that a candidate doesn’t meet your qualifications without violating fair housing rules, you can simply focus on the criteria rather than the individual.

Our strategy is to buy out of shape properties and rehab them back into shape, so a GC with experience in doing extensive renovations at once would be preferred.

We hear less BPRE episodes featuring individual investors, and it missing the breadth of STR and LTR knowledge that David Green and Rob brought into the discussion with the guests. 

I’m all ears—both success stories and lessons learned are incredibly valuable.Ultimately, I’m here to learn, share ideas, and connect with like-minded individuals who are passionate about real estate.