Quote from @Lorraine Hadden: @Robin Simon, Thank you - I see you are a private lender, I will be reaching out. 

We do some private lending and we do not trust the borrower.

Are you sticking to traditional banks, exploring private lenders, partnerships, or maybe something creative like seller financing?

We, my husband, son and I, signed up for more classes either online, on demand or in person, and a 3 day private in person, on site mentorship.

Wholesaling, investing in REITs, private lending, and micro-investing platforms can diversify properties.

You don't want people peeking over their shoulder seeing someone's personal private information for example.

Verifying the use of the money and confirming in writing that it’s for a business purpose are integral parts of any private loan.

We have a lot of customers at the moment who are strongly considering lifting their homes.

That's great that the bank who currently holds the note wants you on 20 year or 15 year amortization, they view you as a captive customer, they don't have to earn your business any more, as far as they are concerned. 

Here are some common pitfalls I see for new investors from the private lending perspective:• Insufficient Funds: most lenders are going to be able to lend a first-time investor somewhere around 75-80% of the purchase price of an existing property + 100% of your estimated rehab budget (or an 80/100 loan, for short).