Whenever I am having an issue with financing, I normally reach out to local institutions.

You might get these days 60% leverage so you'll likely need 40% down payment plus reserves and the financial institutions will want you to keep those capital reserves in their institution.If you are a new investor, there's a couple of opportunities to get started. 

For example you own an investment property that does not qualify for institutional financing, and you’re paying 12% interest to a hard money lender.

So he know about private lending

You will incur more lending costs but you will only be in the first loan for 6 months.

How do you become a broker for hard money lending? 

Essentially the Fund would be our bank that lends to my LLC who purchases the properties.

The wholesaler created new terms with the tenants and the wholesaler plans to hold it so that the new loan gets seasoned, before selling the note.I opted not to get involved and have started my knowledge building into private lending.

For conventional lending, my spouse and I bought each on our own. 

If you look at the demographics of the city, we’re not growing but we’re rapidly changing”.Large institutional money has not found the Pittsburgh market yet.