Most seller finance notes have interest rates in the 9-10%+ range.Also, 5% down is very little skin in the game for the borrower.

I have had to tell borrowers "are you sure you want to move forward with this?

The investors in the secondary market have a very good grip on the prepayment risk associated with a drop in mortgage rates and use pricing or yield to offset this, which is why you so often hear of borrowers paying points and lender fees.

A very prominent loan officer in NJ was charged recently for helping borrowers do just this. 

Quote from @Virginia VanOeveren: To start as a private money lender, educate yourself on real estate investing and lending practices, define clear loan criteria, and conduct thorough due diligence on borrowers and properties.

In my situation I can only borrow 70% of LTV. 

I use a private lender to borrow money to buy properties.

Streamlined Financing: By using multiple properties as collateral, borrowers can consolidate loans and simplify their financing arrangements, making it easier to manage payments.4.

Ive also asked if they have other previous borrowers that I could talk and was told no for their privacy.

I have part of a 401K loan to payback and money borrowed against my HELOC.2) Maintain a yearly savings rate above 55% for 2025.3) Purchase another rental before the end of 2025.