All I've ever heard is that GCE is an unconstitutional taking of private property.

Investment Info:Condo private money loan investment.

@Kayla D.Many use private lenders - while interest rate may be higher on smaller loan amounts it really doesn’t have such a huge impact overall.Also check some other local lenders and DSCR lenders as many will go to $75k

Send me a private message or comment below, I'd love to hear what you think!

The problem is Menards tends to use no name or private label brands, so it is difficult to price match.

Investment Info:Large multi-family (5+ units) private money loan investment.

Back o the original question assuming the 1st loan will allow a 2nd smaller local banks will be your best bet or a true Private Lender.

Agreed, the "Syndication", "Private Equity Real Estate" or "DST" model are all variations of the same theme: - Pay money to sponsor who is supposed to be an expert investor.- Give them complete control over your money in the context of the deal or fund. - Wait and hope that they deliver returns. 

But honestly with the private lenders, it is really just the rep you work with that makes a huge difference.

@Adaze FoltzI've been both a recipient and an originator of many private loans.Provided you are working with a legitimate and experienced private lender, I see TWO main benefits:1.