Quote from @Luis De la Puente: In your experience, how do you see private money lenders shaping the real estate market, especially for fix and flip projects?

I wouldn't use all of the funds on the down payment and closing costs but keep some of it to get the rehab started, as most private lenders will give you funds for the rehab after part of that rehab is done.

It sounds like you and your wife are making some exciting moves in your real estate journey.From the perspective of a private lender, I can tell you that if you don't have experience in new construction you might find it challenging to get funding for a groundup construction loan.

@Jerad GrahamHouse hacking properties should have features like a quadplex with 3-4 bedrooms, flexible layouts, private entrances, and amenities.

Consider going the private money route.

I would contact @Don Konipol  He is by far from what I have seen the most experienced and sharpest private lender on this site and has the bandwidth to do the larger loans complete opposite of what I do..

.🔹 **Better Customer Service**: New email support and help desks for quicker, more efficient assistance.These upgrades mean faster processing and improved support for taxpayers.

A lot of people like to tout that private lending is this risk free business alternative to owning your own investment properties.

Let me know if you have any other questions and if you need to talk about funding options with a private lender!

everything is decent, but they have very poor customer service