You’ll need an agent who knows the area well, a solid property manager, reliable contractor connections, and lenders if you plan to use private money.

The lender just records the warranty deed and is the owner of the property.  

Ask for their advice and maybe even something a little corny, like whether they’d be willing to write a letter of recommendation for your lender when the time comes.

Many times a lender buys a property back at a sheriff's sale/auction where they are selling properties as part of a foreclosure.

It would be good to talk to a lender to make a game plan and review your financials. 

As a lender, I see multiple parties signing a mortgage all the time.

Consider reaching out to private lenders, accredited investors, or real estate crowdfunding platforms.

Connect with lenders, agents, property managers, contractors, attorneys etc.3.

My lender will charge an extra 5% just for the risk being undertaken during the build process.  

Following this discovery, he promptly contacted his attorney to dissolve the LLC.Additional Questionable Entities:Dogwood Capital InvestmentsM&M Capital Finance LLCKey Takeaways:Conduct Thorough Research: Always verify a company's registration with state and local authorities.Scrutinize Documentation: Examine identification and corporate documents closely for inconsistencies.Verify Contact Information: Ensure that all provided phone numbers and addresses are legitimate and connected to the entity.Be Cautious with Payment: Avoid wiring funds without extensive verification of the recipient's identity and legitimacy.While the majority of direct and private lenders operate ethically, even a single fraudulent interaction can damage your reputation and finances.