The question I'm up against is what private money is going for these days for a build with this much room for upside.

private money lender How did you add value to the deal?

@Wade Wisner -  Most of the notes that we purchase we keep in our portfolio and borrow against them with private capital.

Alternatively, a private or hard money loan could provide faster funding if traditional lending timelines don’t work, with the option to refinance once the build is complete.

Private money and personal funds.

@Aristotle KumpisWe do 10+ Flips/BRRRRs annually and fund with Hard Money and Private Money.Hard Money will fund 90% of the purchase price and 100% of the rehab on a draw schedule.Our Private investors will fund the remaining 10% of the purchase price, the first portion of the rehab (to be drawn later from the HML), and the holding costs.Of course, with private lenders, you must give up equity or a return on the debt.

You can save a lot on costs if you do many repairs yourself.Look into hard money lenders or private lenders for the initial purchase and rehab.Connect with wholesalers, agents specializing in investment properties, and other BRRRR investors to find deals and learn more.

Or how did you figure out the nuts and bolts of how to do private lending? 

I might have a private lender referral that does rural loans in Mid-MO if you're interested. 

Loan Origination Systems (LOS): What works best for mortgage and private lending?