Investment Info:Small multi-family (2-4 units) private money loan investment.

So right now we are at 27k and now you have all the holding costs - that's the loan payments, the utilities, the insurance. 

But be carefull , again,  they are dificult to finance or obtain a loan , usually private loans are more expensive and they have higher interest rates . hope this help!

The best part is you can do it with very little money down using owner occupied loans. 

As we tell our investors who participate in the commercial loans we originate or purchase - a certain percentage (about 5 - 10% ) will go into default.

The other thing is that there will be no financing contingency of course, so you can't get your emd back if the loan falls through because, well, there's not supposed to be a loan.I would just get a preapproval letter and offer that.

If I am in your shoes I would buy 2-4 units, get a conventional loan, ask the sellers to pay for the max contribution (3%) towards closing costs.

Looks like you’re asking for a private loan at 6% interest.  

There was enough cash flow that I creatively used a 3rd mortgage to help fund the 20% down on the first two loans.

As long as you're making payments on time and have proper insurance on the property, banks are happy and don't want to call a loan due.