Some lenders might allow you to add renovation costs to the loan to help you finish the project and avoid a loss.Explore Other Financing Options: If your hard money lender isn’t flexible, you might consider private lending or even a joint venture with another investor.

They've ranked No. 180 among the fastest-growing private companies in America, showcasing impressive growth in the property management software space.

As a Private Money Lender, I had the resources available to broker a short term loan to buy, fix and hold.

Is this a separate private unit, anything shared?

Private lenders, often individuals or small firms, are another option.

Most areas of the metro you can rent to an individual for $800+ month / room and even more than that if you're renting a room and private bathroom. 

I have a cousin who funds RE deals and he has a whole network of money people, so I am putting together a business plan to submit along with my financials and an investment proposal.I am coming from single family residential, and have only ever worked with hard money for short-term loans, and also some smaller amounts of private money.

Rents increase 5% annually on average here.My mom is excited about the opportunity and is willing to contribute her 401k towards the 15% down payment on a hard money loan or less if we find private financing.

As others have mentioned above, Bloomfield is certainly a solid option for rental properties and has been for a number of years due to the easy transportation options to NYC and other parts of NY/NJ, leading to great rental demand and pricing.

Subto is a private FB group.