Just want to put that question out to you as well, depending on your short-term and long-term goals.

Lastly when making this loan there would be a Mortgage and Promissory Note in place. 

Hey Everyone, I just received a text from my tenant letting me know her bathroom ceiling caved in last night.

@Matt Faircloth, as long as this is disclosed in the agreement.

Feel free to run the numbers but last I checked a 3 bed, 2 bath new build around $252,000 will cash flow right away once rented.

I’ve met a few long term investors and residents in San Francisco.

We are looking here for long term equity growth and eventually will build another unit, with separate driveway, as a furnished mid-term rental.

We are looking here for long term equity growth and eventually will build another unit, with separate driveway, as a furnished mid-term rental.

This could be an individual person willing to give you money, or a private bank, or an organization or business of some sort.The long answer is much longer and if you're interested in diving into the topic here's a few resources I can recommend:These are two great books (also available as audio books and e-books) that go over the fundamentals of what private lending are, what it means to raise capital, how to find deals to buy with private capital, and a lot more.

Purchase price: $2,010,000 Cash invested: $600,000 purchase with tenants in place, many long term What made you interested in investing in this type of deal?