Depends on how much cash you have ready and how much credit or private money you have access to. 

That can work but you'll likely need to go further from the GTA.HELOCs however are great not only as a source for down payment or renovation but you can also privately lend for 2nd mortgages off of your HELOC.Lend out borrowed funds at 4.5% & receive returns of minimum 11% right there you can make 6.5% return on money that isn't really yours in the first place.

Only one was through a private lender.

You are an intelligent young man - keep it fun, keep it interesting.Books are informative because they regurgitate information you NEED to know - some books are great because the stories teach you, reveal to you accountability, responsibility, and a lesson wrapped up in font you can take in and put yourself there.

Hello Forum,I need your guidance in understanding what is better option when it comes to financing the commercial properties (multifamily rental apartment bldg.) for around $400K between Hard Money Lenders and Private Money Lenders and conventional Lenders (Banks)?

You can private message me and I can check with our CFHA contact.

If you're looking at rough properties I would suggest finding a HML instead or a private lender. 

If that is too slow, can you find any private lenders?

The property is owned by Bank of America and has a fixer upper home in the front with a mobile home in the back of the property that has been rented for an unknown amount of time.Both a survey and title search have revealed that the mobile home is on the property and has been detitled and joined with the property.Has anyone has run into this type of scenario before and have any tips or advice to give?

The good news is you have lots of options to access this information yourself, and you can take steps to correct any errors you find.Once you are confident your credit report is where it needs to be, you can explore financing options, like traditional lending, hard money loans, and private financial backers.