Cash invested: $65,000 Sale price: $97,000This property was a very early lesson learned in private mortgage financings for me.

We ended up selling those properties. 

The vast majority of properties at their available prices will not meet this requirement.  

@Kay Kim - Any updates on your property? 

They were a hard money / private mortgage lender out of Las Vegas doing about $30 million annually.

Say $100 on a $500,000 property.  

Are they doing everything possible to expose properties to the broadest possible market?

I would have a house already but that is used as rental and I bought it using private lenders.

Now, I’m diving into the niche of land investing.When I was pursuing the BRRRR strategy, one of the aspects that made scaling seem feasible was the availability of hard or private money lenders.

I applied for a HELOC and when they ran the title it came up that the 8k grant is actually a second "soft" lien against my property that will go away after 5 years which prevents this bank from allowing me to have a HELOC.