Hard money is a type of business loan for non-owner occupying investors.

A non-recourse loan is an option if your SDIRA doesn't have enough funds.

To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating integritySo, start out by listing everyone you know in an Excel spreadsheet.

My 2 cents: it sounds like you've got to pick a lane and stay in it, become an expert, and level up in that lane.

In many cases, it weakens the lender's position as they did not underwrite the buyer and an owner-occupant tends to pay better than non-owner-occupants.

Additionally, by virtue of owning all of the units I could, with the help of an attorney, construct the bylaws in such a way to maximize value and eliminate bylaws that would be value-restrictive.I've talked to a couple of non-QM lenders who could provide financing to buyers under such a scenario, but the tricky part is appraisal value, especially in a state where, according to Redfin, no co-op's have sold in the last 5 years.If I got a couple units sold using seller-financing at $220/sqft, since there aren't any other co-op comps, would this provide a basis upon which an appraiser would provide a valuation closer to $220/sqft than $135/sqft?

@Josh Green is the local expert there. 

You will have to source these properties from a wholesaler, where you will have to put down hard non refundable assignment money at the assignment of the contract, or source them yourself.The steps to follow for a subject 2 property are as follows:1.

Coincidentally, I’m currently listening to the BP Real Estate podcast, Episode 1,054: The Expert Investor: Early Retirement is a Mistake, Rent Instead of Buying.

Being a 20 year mortgage expert and real estate investment veteran, we used our mortgage company to secure below market financing.