As Bill Gulley said, as a listing agent I don't accept these "loan preapproval" letters that guys get off the interent from some supposed internet "private money lender".

With my day job I've got lots of contacts for buyers and also some private money guys so that is not the issue.

I have friends that went to private universities and paid 2-3 times more than your standard state university and come to find out it was a waste of money.

Are you able to do this i.e. 50% and have a other job to cover your private expenses Until the business catch up?

Also how would I go about finding private investors to table fund my 24 hour flip?

@James Ng - in my state, CA, there is a class of licensed private professional fiduciaries.

He then lost his drivers lic when NY State pursued him for CS arrears.Patience.....pays dividends.

I think there were two situations where it made sense to sell privately.

As a new investor I could use a little background as to the process of, when a private money lender has been found and agrees to invest, let's say $100,000.00 towards real estate, what is the process of accepting those funds and putting into my LLC towards real estate investing?

- @Joe Gore : All offers are submitted with either a letter from my HML or Private Money, or a Bank Statement showing available funds.