When it comes to the HELOC - I'd reach out to any lenders / institutions you have an existing banking relationship with.

Howdy! I found a home that is an REO and qualifies for Vendee. The website isn’t very helpful. I’ve been able to calculate all my monthly operating expenses, lowest possible rent, and upgrades. The only figure I can’t...

@Travis MullenixI haven't but wanted to know if you have had experience in private lending before?

Private lending from an IRA is a thing!

Personally, I would never live in PHX, but that is all personal biases (I prefer seasons and greenery), and clearly lots of people choose to live in PHX.At the end of the day, I would argue market selection almost only comes into play when you are talking assets that cater to institutional buyers that have to get investment committee sign off. 

Quote from @Jaedon Stout: @Matt Ridenour yes the major Banks are the best especially for no doc funding and lending to start ups with great promotional rates.

Agree Google nmls - funny on Facebook where 99% of private lending groups that are public are scam artists you get the "well license isn't required"I reply to this noting that while you are correct in some states - chances of a scammer with a nmls license are less than 1% while those without is 99% on sociale media 

Private Money is simply money from a non-institutional source...such as someone lending out of their personal IRA or from their savings. 

Generally if your property was under your personal name, most financial institutions would go up to 80% Combined Loan to Value (CLTV), but because of COVID 19.

Quote from @Chris Seveney: Over the past quarter, I have seen around $1B in defaulted fix and flip loans - many of these from new lenders since 2020 and more of a "tech platform".As we all know, the intersection of tech and real estate investing has brought incredible innovation, especially in hard money lending.