But persistance is the best key when it comes to being a private investor that wants rental properties or any type of investing for that matter.........

This would be used while working with Agents, Lenders, Private Investors...etc.Anybody have any experience using one?

Bleroux,Start your screening by looking at their driver's license.

Many hard money lenders are just private individuals.

Trying to acquire a house for rental purposes, long term strategy is to rapidly build a rental porfolioPurhcase Price is about $55,000 two financing options available:1. 90% loan which will be at %7.25 interest and tie up $5500 down payment..will also cost and additional $468 in private mortgage insurance(PMI).2. 80% loan, @ %7 interest, will tie up $11,000 down payment, but will save the PMI ($468 a year) and a %0.25 in interest and ofcourse financing less which will lead lesser payments and lower interest paid.. the total savings of interest saved, PMI, and cost of barrowed less funds will come out to about $90 a month which is about $1080 a year savings over finance plan #1..which way is better to go?

You find a private investor willing to put down the $50,000 grand needed.

Lo and behold it went to auction with a private firm repping the bank.

I am not sure my private lenders are going to step up to the plate.

What is the opinion of leasing hunting land on a private farm or private owned tract.

If you don't mind, send me a message (I assume there's a private message on this website somewhere) and tell me how you go about all of this.Best advice ever!!!