Will he co-sign on loans from banks or private lenders, or will he just say, call 15 banks?

At the time my only issue was their loans appear to be backed by wall st.. so the closing docs were enough to kill not one but two trees and took way more time to sign the  whole package then I like to spend signing closing docs :)  But thier fee's and rates are hard to beat. 

Conventional Loan How did you add value to the deal?

Patience can be your best friend and if you attempt to over leverage a property it can come back to hurt you.Some will recommend buying subject 2 where you could take over an existing mortgage that could be at a substantially lower rate - but if the lender finds out and calls the loan that could also be very bad.

The terms will resemble small business loans with short term rates and quicker paybacks, but that will get the deal financed. 

It’s an interest free loan but it’s not a gift unless you die in less than 27 years while still owning it or it’s 1031 exchanged property. 

@Jeff BroganWhen does your hard money loan mature?

My strategy is to use HELOC to cover down payment and convention loan to cover the rest of the mortgage.

We’re looking at a seven-figure property in Texas, tied to a non-performing loan.

In the process of refinancing to a permanent loan.