If you need to secure a property quickly, or if you are doing renovations that can be completed within a year then you are better off using hard money or private lending options as they've got quicker close times and tend to be more investor friendly.

This will continue to drop over time and should be secured correctly."

@Ted Akers  how do you secure the deals that you fund that take 30 to 90 days to pay off.do you then do a traditional HML  ?

They can also be great for situations where you are looking to secure a property with more conventional financing, but don't have enough time to close with the original financing.

Security Service FCU use to do a 100% LTV HELOC in UT and CO. 15 year draw 25 year payback 40 year loan.

I'm new to RE too, but done my due diligence in reading on extend on the subject matter, and if I was the OP (still have not done my first deal), I would secure the deal, if its really such a great deal with 50k spread, in my mind I think he could get 15k wholesale deal to another investor and he does not have to do anything more than sell the contract, then after you have done a few of this and cash in your pocket, I would start with rehabs and rentals etc

Notes are not secured by any collateral or guaranteed or insured by any third party"

You had to looks at and confirm the lease terms (length and cost) as well as security deposits and so on. 

I do around 60% direct bookings and have a few steps to help establish against chargebacks and fraudulent charge claims. 1) We use Stripe to process payments, and they have a pretty solid fraud system.2) We use chekin.com to register guests to make sure they match the credit card. 3) We don't take day of bookings 90% of the time. 4) charge a refundable $250 security deposit5) you can also use something like Superhog or Safely for damage protection.We also have a rental agreement, which you can have written for you by a local real estate attorney.

Specifically, rule 506(c) allows for any securities offering to be exempt from public filings, other than the actual registration handled under Form D, which is available through an SEC search.