Look for a Hard Money/private note for 10k on a 12 month term.

This is very revealing and effective.

The airport was completely renovated and upgraded to allow for larger private jets.

I might find myself with $10k, and if I do, I want to be able to use $8K of it be a private investor because:a) I feel I can get the return in 90 - 120 day, if it's a rehab project.b) Duh!

After buying our first 2 properties with our own money, we are seeking to use OPM for our 3rd house that we just "bought" - pending inspection.We have a private money loan set for our down payment + closing costs which should be roughly $25,000.

Enter hard money lenders, as well as private lenders.A hard money loan might cost 7% of the sales price, versus 4% for a bank loan.

Are you paying all cash, using a regular loan, a HML lender, or a private lender??

Best of all, it captures all of the numbers that call, private or not!!!

You might want to start reading up on private money and hard money loans, which are both great alternatives to a traditional mortgage.

I don't know of any bank or private lender lending those rates/terms - estimate worse-case for your situation.