Are you finding more investors turning to private money lenders for quicker access to capital?

. - Only 4 houses down from my current home in metro Detroit, MI.We toured the property and it was a hot mess, easily a complete remodel because of cigarette smoke damage that seems to have reached every corner, but the prospect of redoing it really excites us.

Private money lenders may fund a deal at 13% and then turn around and fund a similar deal at 12% or 14%. 

I have 2 tickets and an upgraded room (honeymoon suite with access to private beach).

Are there any lenders or private DSCR lenders you'd recommend ?

Leveraging creative financing methods like hard money loans, private lending, or partnering with investors can also help you secure deals when traditional financing is delayed or limited.

If your wife’s family agrees, you could look into purchasing the home from the trust, possibly before it enters probate, which could save time and legal headaches.Reducing Closing Costs: One way to reduce closing costs is to negotiate a private sale among family members, which might save on agent commissions and some taxes.

With private lending secured, I bought the property, excited to add another rental to my portfolio.What I didn’t expect was just how much of a nightmare this property would turn into.After closing, we began the renovation.

Is the only place where this works some sort of a private loan with a local private investor who understands your situation?

When pitching to a private investor, focus on the projected return, timeline, and security for their investment.