I'm looking for information from hard money lenders and folks who have used hard money lenders before:What, exactly, is the process for securing a hard money loan for a fix-and-flip?  

From what I've been looking into its better to pay a bit more and have that security but Ill see what John offers, ill keep you posted.Cheers!

I would find a secured credit card with the lowest interest rate as possible.

Easy to check by looking at your Schedule E (if you file your properties on your personal tax return) or Form 8825 (if you file as a partnership) 3.

a significant portion of our exchanges start in one state and end with the purchase in another anyway.You'll find your best price and service with a nationwide intermediary large enough to have economies of scale but small enough to have principles managing your file throughout the process.  

I find the whole concept of securing a property with a contract without the full intention to complete the sale unethical- why not be up front with people? 

Since we are new to REI and recent grads at the same time, we do not have enough cash nor able to secure private money for the time being (we want to have a track record before seeking out partnerships).

If we sell the unit now, it is still considered a primary residence (lived there for 2 out of the 5 years preceding sales) which will exempt us from capital gain ($250k for single; $500K for married filing joint).

If he doesnt pay Sept rent, I file eviction in early Sept for non-payment. 

However, even getting this done takes a lot of maneuvering and there's a risk the seller will send a third party to secure the property when they realize its vacant and they still wont allow you access.