You wouldn’t get two loans, you would get one loan secured by a first trust deed and both of you would sign as co-borrowers.

I also know that there is often a huge discrepancy between borrowers credit scores on credit karma vs. the hard pull FICO that lenders use.

You can borrow hard money as an individual.

There is no right of redemption in GA, so small chance of the foreclosure not completing unless the borrower raised an issue with the foreclosure action if done improperly. 

I’m thinking of offering 125k down Borrowing. 195k Offer would be 320k Thus making noi $25,552Loan 20yr 5% $15,432Cash on Cash

Then they start lending, but only on deals and borrowers they have fully vetted and only with proper forms documents and procedure.Sometimes our passive investors stay to learn from the speaker, and I have found that our more successful passive lenders do stay.

I am paying my relative 8% interest only. 36 months max borrow time.

Stacey, if you're looking for private money sources, how much are you looking to borrow?   

I have been borrowing money and creating relationships with the biggest apartment lenders in the world for 30 years.

its better to just borrow from the bank against the property as it will be cheaper. note buyers are looking for 12% return and at that rate even private money loan looks better. also borrowing money from yourself makes no sense and I am not even sure if the mortgage and note will be valid.