Much better paying a 9 to 10 percent quick return on money than 15 percent and 4 to 8 points.Private individuals tend to be lawyers,doctors,etc. basically professional that want to invest in real estate but don't have time to be hands on.In many situations hard money and the low ltv,high rates,and high points make the deals not work.If you exhaust all else then look at hard money.

Just starting out and have exhausted the obvious first choices for investors-friends, family etc..

Exhausted but loved every minute.

Yes, it will be exhausting, you will learn a lot, Youtube will be your best friend but don't give up.

I would exhaust those first to really know what opportunies exist locally as well if so.Rafael

Here's the servicing language from Fannie Mae. https://servicing-guide.fannie...You should always exhaust your conventional options before considering a DSCR loan, so get the conventional financing in place and then put it in an LLC if you want after you've owned it for the requisite time period.Having said that, it's difficult to protect your assets in an sole member LLC. 

Getting those properties for pennies on the dollar, renovating them so they can withstand another 100 years, and fully furnishing them at a 30 day minimum is giving off some solid cash flow!

If they don't move you will have to hire a bailiff as someone mentioned however 70-90% of the time the tenant will accept cash for keys and in this scenario they will move out and give you the keys without having to pay a Bailiff and typically they will try to clean up since they want to be sure to get the cash which we normally provide as $300.00 That is one of the best case scenarios... most of these sheep investing in Detroit do not have the capital to withstand a WORST case scenario - I'd rather show them what it COULD be like so they can be prepared/informed.

And yeah, exhaust fumes fo any kind, yeah, let's get ride of em when we can just because we can.

@Linda Pasas you'll want to look in to it yourself but my understanding is that an umbrella policy kicks in after your primary policy is exhausted.