They're considered riskier since Fannie won't buy them but they are still legal. that makes sense.. after all I am usually the only private lender in the mortgage CE the rest are all doing fannie freedie usda VA stuff ..thanks for clarifying.. 

@Greg Davis try private bank of Decatur or some of the local credit unions.

Walk me through step by step and give me ways I can find a deal through fix and flip Sometimes, the question people ask reveals a lot about them.

For a quick example if a HML provides 75% of the loan for my deal do i have to provide the remaining 25% with private lending or my own cash?

They can't compete with private investors especially those who do their own work. 

Anybody ever use the private lenders, cash buyers list from MyHouseDeals.com?

As I'm learning, I'm happy to lend my experience in underwriting private money and corporate real estate management and dispositions where I can and where it makes sense. 

@Krishna Chava it would be great to get the tech you are using via private message as well.

And it's not in the city proper, it's near the Eastern waterfront with access to private airports, marinas, and a golf course.

Do any of you have private or hard money lender recommendations for that area?