If you’re short on down payments, here are a few strategies to consider:Leverage Equity: If you own any properties with equity, consider tapping into that through a cash-out refinance or HELOC to fund your down payments.Seek Joint Ventures: Partner with other investors who can provide the down payment while you manage the property or contribute in other ways.Explore Creative Financing: Look into options like seller financing or lease options, which might require less upfront capital and can be structured to fit your needs.Consider Private/Hard Money Lenders: These lenders can offer flexible terms and quicker approval compared to traditional banks.

Let’s start with a few notable facts:26% of all renters in Worcester and 17% of residents citywide don’t own or have access to a private automobile.In downtown Worcester, 41% of renters and 38% of all residents don't have access to a private vehicle.Buses in Worcester became fare-free in 2020 and are currently slated to remain that way through June 2025.It's challenging to charge an electric car if you live on the third floor of a triple-decker and don’t have access to a driveway.Do people choose not to have cars?

We are looking to do a private money lending deal with a company out of Chicago on a SFH. 

Pros could be: Clean water + tub for each guest; on a well, so no water waste concern; can make it design-y + cute; can be used winter (hot water) + summer (cool water); goes better with forest location of the home than a traditional hot tub might; will hold same number of guests as hot tub would (2 people in each tub).In researching I have seen some people on Airbnb have these checked in amenities as 'hot tub', some 'private hot tub'.

You can make loans out of your SIDRA with interest rates and terms more attractive than typical private or hard money.

It sounds like an ideal moment to either plow some more money into savings or seek private funding.Perhaps if you find a modest flip you can infuse cash into your system in a hurry and build your network at the same time?

@James McGovernNot gonna happen as every lender will do to different from experience and lessons learnedIt’s also no different as well as one person calling a sandwich a sub, another a hoagie and another a grinder… different lingo and different experience for private lending.

Podcast was very informative about private money lending. 

I invest primarily in mortgage notes and do private lending.  

Hi,I have been doing private lending for a very long time, most of time first lien, some time 2nd lien also.recently came across a situation where first lien is already there on property and there is clause than 2nd lien can not be done on property.Investor(borrower) giving me option that we can prepare a new document for "Equity pledge" this mean conditional equity in property if there is default.I never heard this thing before.any one any input on this.Thanks in advance.