If my property was being sold for taxes, would you be at the tax deed auction with a pocketful of cash that you borrowed from the guy that read your blogpost about "Investing Opportunities in Spring Hill"?

With experience AND good credit 20% cash contribution by the borrower is minimum.

Any chance of getting the up front money from a relative, or borrowing on your personal home?

If you're cost of borrowing money is less than $175/month you'll get some decent cash flow.Personally, I'd rather not touch 2011 Taft because its a one bed.

Agents, investors, or borrowers trying to modify probably knows what I'm talking about when dealing with Ocwen was a horrible experience.Ocwen to Pay $2B for Servicing Violationshttp://www.dsnews.com/articles/ocwen-to-pay-2b-for-servicing-violations-2013-12-20YAY!

Frankly, I can or could help many of these borrowers, but I can't as I am not in compliance with the law and I'm not heading to court over the matter. :)

Private lenders are people who are not professional lenders but people who loan to you because they know and trust you.If you are borrowing from you best friend or your rich uncle Joe sending a letter may be insulting as Bill Gulley says.

You may be concerned, I'm not so much, probably a future micro bubble waiting to happen, but if you borrower from them, so long as you pay as agreed, you'd be fine.

Blanket loans can really tie you up and you become a captured borrower to that lender.

As a borrower, we like to have control of our properties and if you have no skin in the game, where is the argument to put title in your name?