Steadily has their own product (with multiple writing companies) and then they offer policies through other carriers just as an independent agency would. 

Terms range from SOFR +400 for a relatively low leverage note on note product to prime +200 with a 10.5% rate floor for note buyers seeking 75% leverage.

I'd recommend newbies get 2-3 estimates for each product from different contractor (hopefully ones that come referred or at the very least highly rated on a platform like here or Angie's list).

For value add you need to buy deep, have reputable contractors, and understand different financing products + creative finance.  

Small shop brokers that have access to multiple programs so that they aren't beholden to one or just a few loan programs will typically get the most competitive product for the borrower. 

Book recommendation #1: Hands Off Investor by @Brian Burke https://store.biggerpockets.com/products/the-hands-off-inves...Book recommendation #2: Lend to Live https://store.biggerpockets.com/products/lend-to-livePodcast Recommendation: PassivePockets podcast is focused on passive investing in syndications - https://passivepockets.com/podcast/Passive investing summit: PassivePockets Summit May 2-3rd in Columbus https://get.biggerpockets.com/passivepocketsevent/I make these recommendations specifically since you mentioned passive real estate investing, and syndications or hard money lending are really the two most passive ways to invest in real estate. 

Buying Government ProductDuring our time getting to know one another, Ron told me he had been buying government product from a guy I had known PPR was purchasing government product with, Wade Carroll.

I sent him a list of my questions ahead of time which really seemed productive to me.

Defense contractors gobbling up hundreds of billions of dollars in federal contracts while making civilian aircraft that falls off the skies, because they want to cut corners and squeeze every penny they can out of production?

This is primarily what makes their work product substantially lacking in correct English grammar, legal protections, timely professionalism and many other ways any Securities Attorney will point out to investors.