Private financing or hard money is generally used for acquisition and rehab financing for properties that won't qualify for more traditional loans, when speed is a priority, or when some other aspect will roadblock traditional underwrites.

It will reduce rehab cost, speed up the project, and I believe most people prefer an indoor laundry area.

I would be happy to also get you up to speed on the opportunities on Hilton Head, as the STR demand rental potential is huge.Keep it up!

Reminds me of going out on my father-in-law's sailboat where an ***hole in a speedboat wrecklessly speeds by creating a wake.

Leverage can speed up the accumulation of wealth, but it also raises danger.Cash Flow: Keep your real estate investments centered around cash flow.

A course speeds up the learning curve.

Learned some hard lessons about mortgage details, contractors, importance of moving with speed, and dealing with property management companies.

English is off  how the loan works is not how loans work in the real world  But hey they are shot gunning and preying on those who are not up to speed with how the current lending market.

Details below...We need a FAST cash-out loan product that requires only the personal guarantee of my business partner (60% ownership) to be used for: completing the remaining rehab and getting the 1st house rent ready, paying off revolving credit accounts to get her credit score up, and funding the other projects we have in the works.To help bring you up to speed on what's transpired over the 11 weeks we've been in business...We started our business on Dec 1, 2023, leveraged our "then" good credit/high w2 incomes to bootstrap the startup, assembled a rehab team, and are now about 2 weeks out from the completion of our 1st rehabbed property.We've closed on 3 properties, all owned free/clear, and have paid for renovations with personal funds/credit.My credit score was 810, but is now 592, due to excessive debt but 100% on-time payments, therefore can't personally guarantee a loan.My business partner's score is currently in the 700s, but likely wont be for long, due to her revolving credit % continuously increasing, as we push towards the completion of the first rehab utilizing her remaining credit on her CCs.Recently, I started researching the underwriting timeline for DSCR loans. 

They are plenty of places to start learning and getting up to speed and educated before you invest.