Not worth it.

As they say, your network will be your net-worth.7.

Interest rates are a bit higher than conventional loans, but definitely worth looking into.  

Here are a few that I know can help:Wright Finlay&Zac Michelle Rodriguez can help your friend.Geraci Law Firm Melissa Martorella runs the lending docs team and can help your friend.Doss Law Your friend can ask for Chris Donovan.For what it’s worth, notes do not get notarized.

It's definitely worth checking out!

They will give you 75% of what the property is worth.

I also realize that I may have to pay up to 5% to put it on a credit card, however, that is well worth the trade-off. 

Typically, sleazy lenders will keep repeating no points and show you a great rate, then when you get under contract and see the Loan Estimate you see that there is a 1% origination fee - basically the same as points just packaged differently.

The difference is the lender is not a bank, but an individual or abother companyThe purchasing process should be 100% the same for you as a buyer as it would purchasing any other property with the exception that you would want to get an appraisal (where as typically the bank would).

I do understand the draw having a tenant do this service and save some money, but sometimes paying the extra cash if worth more in the long run.Good luck,Noah