If you can purchase this home with private money or seller financing and get a $110k loan, then you could do a rate/term refi right after so do a 90 or 120 day note to secure the property and get it in your name, then refi into long term debt using the full appraised value. 

You will find like minded investors, vendors, private money…etc. good luck!

Also, if you’re a private lender yourself, feel free to chime in—I’d love to hear from you!

@Rennell Goudeau Hi Rennell, send me a private message and we can connect.

Private Money vs Hard Money:Primate money is negotiable.

My assumption is that people who qualify probably have other options, like PPMs with groups they know, syndicators they know, private funds and other vehicles that may be more lucrative.

Did you guys ever raise private money?

(can private message if that's better, if you're willing to share).

You also cannot use a second mortgage (from HML/private lender) for a 2-4 unit non owner property. 

it will be a corporate/wellness retreat/short term rental destinationI need land that is close to the Action, but not too close, and preferably comes with two single family doors already built, so I can take advantage of Fannie Mae owner occupied loan and develop the rest of the land on my own and with private funding.Is Columbus a good market for this strategy?