Building a strong team (agent, contractor, lender, property manager) is key—seek referrals from experienced investors.

So are you looking for a lender to refinance out of the owner financed note, or are you looking for a lender who will lend your downpayment behind the owner financing?

If they do need financing, then speak with your lender about their new build financing options. 

She must've seen the rent roll.And can I get the number of that private lender? 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Working with a private lender can indeed come with challenges, particularly regarding qualifications and funding structures.For your cosigner, they typically will need to be a member of your LLC and the private lender will want them to hold 51% - depending on lender of course.Compensating your cosigner fairly is based on what both parties believe is fair.

Just curious, are you lined up an agent in that market and also connected to a lender?

. :) Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Although that would be looked down upon by a lender as well because of the inherent risk of lending to someone who has too much on their plate. 

I have a lot of personal experience with BRRRR—both from building my own rental portfolio here in Memphis, TN and from helping both local and out-of-state investors successfully scale their portfolios using this strategy.One of the biggest advantages I’ve been able to offer my clients is structuring deals with hard money lenders in a way that allows them to acquire properties with less than $10,000 out of pocket in most cases which results them in massive cash on cash returns!