I'm wondering should I use a private money lender to pay off my mortgage so I 100% own the house, begin the renovations, rent it to tenants at approximately $1950 / month, then refinance my house?

I'm wondering should I use a private money lender to pay off my mortgage so I 100% own the house, begin the renovations, rent it to tenants at approximately $1950 / month, then refinance my house?

@Tracey Wittke and no realtor, private owned

I'm going to send you a private message, because a moderator recently scolded me for discussing too candidly what I'm doing in the Syracuse market.

We do that here in Dallas, we use private money to close on our wholesale deals and the we list on the MLS.

How do you get the phone number for privately held companies...LLC's, etc...I have the name and address...any tricks to finding the phone number?

Want to say hello to the BiggerPockets crowd.I have been enjoying the podcast and the forums, lots of great information out there.About 15 years ago, when I lived in California, I saw potential for real estate investment in the Midwest - I even flew out and toured through several states.

Yet that street looks a bit shoddy and the house layout is just odd, can't seem to identify the property lines either.I'd like to keep the address private for now but will definitely post it once its over.

I use private money, rehab the building (force appreciation), refinance and try to get my money back out.  

Do private money lender typically give you a loan based off the deal or how is the process done.