Not sure how to even go about finding a private lenderJust hoping someone can help me set off in the right direction.

I'm also a private money lender and active in RE, and therefore we may be able to work together.All the best,Jamie

You could get some cash on a non-owner occupied property from a private lender, but chances are it will be too expensive to make sense.

Private lending is relationship based, so don't go in treating him like a bank, unless you know he does that :)Best of luck!

I like the buy and hold property strategy, but could also venture into private lending.

The property is 1,020 sq ft home  4 bedroom, 2 bathroom, condo that was built in 1953,  with an appraisal of $91,000 (Repaired), $70,000 (As is) .The only special features the property has  is that it has a basement and private parking which is a plus because most properties in  the neighborhood do not have.

Depending on the policies of the real estate company they may take a flat fee or a % of transaction (remember there is only one side your agent is representing so you should be able to secure representation for 3% or less of purchase price), negotiate that up front.

Hi Bryenne,We are a private lender working exclusively with investors and operate in that area.  

His dilemma is finding more HML or private lenders (call them what you wish).

What steps did you take in order to secure this deal?