Mortgage Insurance Premium on FHA vs Private Mortgage Insurance on conventional....why different, I have no idea!

I am using private money for a purchase.

You may be able to find a private lender to fund a cash out mortgage on the rental property.

Hello,

75k loan on 450k property in NY

Private/Hard Money lenders wanted. We invest in SFH's
that are rehabbed and sold to owner occupants. Your loan
would be secured by this real estate. Your loan is secured
by a M...

Originally posted by "rainman11":If I can sell my buildings I'm going to invest in mortgages.I would suggest working with a Private Hard Equity Lender, Sometimes you can get up to 12% ROI. maybe even more.

Honestly, I've found private note holders to be very receptive to being first position.

Because they want to encourage the private sector to provide housing for the public.

If the private sector this is imprisonable white collar crime.To keep this from getting to be too serious of a discussion, I had to give the following link.

Your phone calls/emails today included:Your first handymanYour second handymanYour HVAC guyYour septic guyYour private money guy2 tenants2 prospective tenants2 prospective buyersYour biz partnerYour HUD agentBiggerPockets postersYour bankerI talked to all of these today, maybe I am full-time now.

We do this occasionally when we make a private loan if the deal is too "thin" we will also tie up another property in the investor's portfolio to ensure performance.And having the props "owned" by your LLC is not the same as having the financing originated and vested in the LLC.