Have you ever considered using private money loans for your real estate deals?

However, you can expect to recover about 50-55% of your investment when selling the home.Another good option would be to consider converting attic space, finishing a basement, or repurposing a large living area to add a bedroom without expanding the home's footprint.Some other tips to help you save on materials while still creating an appealing finished product: buy in bulk, shop at discount stores and outlets, look for overstock, discontinued items, or slightly imperfect materials, attend auctions and Estate sales, incorporate reclaimed wood, vintage fixtures, or other salvaged items for a unique look at a lower cost, build relationships with suppliers...If you have any more questions or are looking for funding please feel free to reach out to us, we're a private lender.Regards,Jackson

@Devin PetersonAs someone who does some private lending I have an attorney create the documents and closing package which we pass on.

Would it be too much to ask what yours are (via private messaging, of course)?

Thirdly, in my opinion, funding 100% of the project constitutes significant risk and warrants a percentage of profits, without assuming any responsibility for further downside.I do see the risk that you point out, though, and I"m going to have additional discussions with my attorneys who have significant experience with private lending.

Fannie Mae, Freddie Mac SBL, Private Money, Commercial DSCR loans, Local Commercial Banks etc.. 

Private investors offer profits or fixed returns, while hard money loans are short-term loans.

While most private lenders typically have seasoning requirements ranging from 6 months to a year for refinancing, even with a DSCR loan, there are some lenders who don’t have any seasoning requirements at all.It’s definitely worth exploring your options if you’re looking to access your cash sooner.

I would like to use it as collateral to borrow 42k from a private lender, interest only payments in the 8-10% range for 12 months.

Understanding the Key Differences Between Private and Hard Money: Pros, Cons, and When to Use Each