Hi Kevin,To get into fix and flips, I started by focusing on a few key steps that helped me find success:Educate Yourself: Learn the market, analyze property values, and understand rehab costs.Build a Network: Connect with real estate agents, contractors, and lenders.Secure Financing: Consider hard money or private loans for quick capital.Find the Right Property: Look for undervalued homes in growing areas.Create a Detailed Plan: Budget carefully and have a clear timeline for renovations.What worked best for me was staying disciplined with my numbers and always having a solid team in place.

My question is, should I give up looking for a lender or private lender who would finance this at a rate below or around 8%?

So someone can just stop paying taxes and create a funding gap for our public schools, firefighters, and county road maintenance and now private investors & Counties are going to bankroll the cost and administrative overhead to sell their property at auction and give them back the net auction proceeds?

Purchase price = $100kRehab = $25KARV= $170k1st position purchase loan (private lender) = $85k2nd position purchase loan (my own LLC) = $40kI purchase with 1st position loan at 85% LTC ($85k) from private lender. 

You are conflating a skin color, with a political ideology, with the malicious intent to infer a racial bias if one is of nationalist leanings, to than label those who don't conform with your ideas, agenda and leanings, as that which they are NOT, racists. 

What I suspect is that this is a private party deal where the buyer is an inexperienced agent and just did the contract themselves on the side. 

Consider hiring a reliable cleaning service and have a maintenance plan in place for quick fixes.Noise and Privacy: Since the property is at the end of a dead-end road, it’s likely quiet and private.

It said “private well and septic”, but the health department says the septic can not used for a single family home.

If it's not a deal breaker, then you can likely refinance with any conventional lender or private lender, and the current lender just has to be repaid. 

Hi @Gerard Scranton, most hard money/ private lenders won't be looking at your DTI for qualifying an investment loan.