True Private Money Lender with an amortized loan of 80k at 10% no points.

I am curious to know how note investors (and private $ lenders, fund amangers, etc.) are using AI in their workflow.

If its a private lender loan to a LLC there is no usury, its what is in the contract from our understanding and discussions with our Virginia Attorney.  

This is our first investment together so we're exploring financing options.Wondering if anyone has trusted contacts in private lending/hard money who are able to fund ~$400k in acquisition cost and ~$250-300k in repairs?

Lenders often require 30-40% down.Cash flow considerations – Since all expenses must be paid from your IRA, maintain liquidity to cover unexpected costs like repairs and vacancies.Rental properties vs. commercial deals – Residential rentals and commercial properties can both be great options, but keep in mind management complexity and income stability.Generally speaking, stay compliant – Avoid prohibited transactions, such as personally guaranteeing a loan, living in or personally managing a property, or transacting with disqualified persons (yourself, spouse, ascendants, or descendants).Diversify your portfolio – While syndications and real estate are great, consider mixing in other alternative assets like private lending, tax liens, or even notes for additional risk management.Work with the right custodian – Make sure your SDIRA custodian is well-versed in alternative investments and has experience handling syndications and non-recourse financing.If you’re looking for specific lenders who offer non-recourse loans, I’d be happy to point you in the right direction.

And layoffs happen in the private sector all the time..

Specifically, the sponsor, Nelson Brothers Professional Real Estate (NBPRE), and later Nelson Partners Student Housing, NB Private Capital (NBPC), Versity, Versity Invest, Versity Investments, and Crew Enterprises (constant rebranding/renaming to hide past issues) had yellow/red flags about them before I invested in 2017.

Or even private money that would be interested in something like this - realizing that interest rates will be higher.  

., talking to buyers, sellers, other agents, etc.) as I want to keep my personal cell phone number private.

@Taqiyyah Ellis, a business loan/line of credit or private lender will likely be your best and most realistic option.