Good morning, Has anyone had positive experiences with attorneys for the sake of lending private money for an investment property in the State of Ohio?

Here are some specifics:Purchase price: $955KSeller Finance offer: 20% ($190K)Reno cost: $90K Ideally we would like to do a Morby Method where we purchase the home via conventional mortgage or hard money lender and on the back end have the seller lend us the $190K with a second position lien on the property and a 5-year payback.

It's because most people don't understand how money works. 

Investment Info:

Single-family residence wholesale investment.

Purchase price: $20,000

Sale price: $39,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with Karen Sc...

I don't know what you consider a lot of money spent on advertising and marketing, but I can tell you that $10,000 per month won't scratch the surface.  

What happens if the property needs money and one of you doesn't have it?  

So I wanted to purchase something that would not only make me money - but also a place to live.

If you are 100% LTV and there is something that causes you to sell the property you will have to bring money to close.

Are there folks out there, private money, that will provide second positions loans?

That is a fact, and it’s called time value of money.