@Teahjsia FrazierTo build a portfolio and replace monthly income, consider strategies like leveraging your current home with a Home Equity Line of Credit (HELOC), using FHA loans for low down payment, renting out your current home, using creative financing options like seller financing, private money lenders, or partnerships, building cash flow with smaller deals first, using the BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat), minimizing expenses and maximizing savings, and continuously educating yourself through books, podcasts, and networking groups.

This can lead to missed opportunities, especially when speed and flexibility are crucial.Personally, I’ve seen investors switch to creative or alternative financing options, like hard money loans, private lending, or even seller financing, to avoid some of these pitfalls.

Have you found that private money lending allows you to structure deals in ways traditional lenders won’t?

2.Private Money Lender – I’ve heard they can be more flexible and might focus on the property value more than my employment status, but I know the interest rates are higher than conventional loans.

I'd definitely get a second one if possible or better yet, email that to another lender and ask them if those fees meet what they'd charge.

For instance I had a special case where I billed the tenant an extra expense monthly on top of the automated rent collection, so I add it as an expense and it would automatically email them and notify me when it was late of course.

It can be a flexible way to fill the gap.Private Investors or Partnerships: Bringing in a private investor or forming a partnership could provide the necessary funds.

@Jason Bott yes in Waukesha, WI do you have a contact email/phone number?

No problem, DM me your email address or email me directly 

Even if you did not, For the cost of $1 and I can skiptrace you and find your age, your family members, email address etc.