Sometimes the client will say they want to flip the property but half way through the project, the client will want to make it a rental. 

What makes bridge loans a smart choice for real estate investors?

Will be living in the home for 6-8 months then plan on making it full rental property.

Way I differentiate is private money may be a friend or family member vs. hard money which is a company or someone else.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Find former owner, buy their rights for very little money (often only $100 to $200) and redeem.

Planning to purchase in Phx,Az and surrounding areas, my equifax score is 700, experian 645,no debt whatsoever, have 1099 for 2022 and 2023 (required 2yrs), on my 1099s it says i make 135k per year, do not have tax returns (yea, yea), im planning to first start with my bank wells fargo.This would be my first home and at 1st plan to live in it, possible house hack, going for a -$300k loan. should i go traditional, fha , i plan to be on a fixed rate so I dont get surprises later on.In my situation, what down payment amount do you think will be needed .

I’ve looked at a dozen deals and none make sense or require 40%+ DOWN!

Only buy when the numbers make sense.

A good private money lender should be transparent about terms and fees, have a solid track record and experience in real estate, and demonstrate flexibility in tailoring loan options to meet your needs.