Seeking private lenders to fund How did you find this deal and how did you negotiate it?

GSEs, once established, operate as private corporations, with shareholders, and are sometimes even listed on stock exchanges.

I personally prefer carrying notes to owning rentals, but the credit risk has to be solid, too.

If so, I'd look into that before a DSCR loan to avoid the prepayment penalty DSCRs carry.

How is the property titled and are you carrying debt on it? 

Unfortunately, if you carry a mortgage, you HAVE to insure it.

I can’t give condos away and many investors are under water as they either re-financed, took out a reverse mortgage or had non/paying tenants carried over from the COVID moratorium.  

I think you will benefit from a true private lender, as they don't require too much paperwork for draws and it can be as simple as submitting a form and taking pictures and receiving the draws in 24-48 hrs.  

Here’s the breakdown:Financing & Investment Details: Total Project Cost: $750,000 Purchase Price: $450,000 Rehab Cost: $300,000 Total Investment Needed: $750,000 Private Money Loan: $550,000 (1-year term at 9% interest) My Cash Investment: $200,000 Interest for Private Money Loan: $49,500 Closing Costs for Private Money Loan: $0 Closing Costs for Refinance: $27,000Total Cash in the deal:$750,000 + $49,500 + $27000 = $826,500Exit & Refinancing: ARV: $900,000 After renovation, I refinance at a new loan of ~$675,000.

It's generally fairly hard to convince someone to lend you a private loan if you have no experience investing.