I have at least $20K that I can put towards a deal and have access to private money, but want to raise my confidence before jumping into a distant market.

I have at least $20K that I can put towards a deal and have access to private money, but want to raise my confidence before jumping into a distant market.

Im not really a person to ask for anything, however I know at this point in order to really grow my real estate business like I envision I need to start using private money.

I've never had a conversation with a commercial lender before and I can't call around until later today.  

Are you looking for hard money or private money for flips? 

As far as managing your vacation rental that’s a phone conversation but the short answer is.... study your neighbors.

When I see it the amount is 12-15% but I see people in your position utilize that huge equity as an easy way to get private short term money from friends and family and then clean it up on your cash out refinance on the new property.At the same time look at your cost you pay for the existing loan vs a refinance. 

I can search for most topics and find a good conversation about it.But I'm struggling with forum interaction.I see a lot of questions that never get answered and a lot of answers that never get responded to. 

ITS huge money for those fulfillment companies as in private 30 million dollar jets HUGE>. 

@Brian Dombrowski any time you are providing private money, whether for equity or as a loan you best bet is to have a lawyer that specializes in RE draw up the agreement and assist you with the structure.There are a dozens answers to your question depending on many items, with who and if all the investors are under the same LLC etc. etc.Every investor I know that has done private financing had their lawyer draw up an agreement that the "borrower" accepted and signed.