I can now target those seeking private rooms, shared rooms, extended stay guests 30+ days.

Hard money/private money will usually still want you to bring some money to the table.

While I cannot disclose the exact location due to owner wishing this to be a private deal, it is located near the shores of Lake Michigan in the city of Kenosha, Wisconsin.

Bruce, I just sent you a private message with the address. 

Hey Everyone,So I have a few private money investors that want to be part of my deals. 

I’ve been interested in RE investing for several years, as I’ve found that I’m good at digging up opportunities and closing, and I enjoy crunching numbers and analyzing problems.I’m interested in meeting people who have set up private money / private equity deals in the past, especially if it involved single-family residential buy-and-hold strategy.I’m also looking at pulling the trigger on the local Lifestyles Unlimited seminar, because I have a lot to learn, and also because I want access to what Lifestyles considers “best practices” in what will be my market.I’m happy to hear all sides of any idea and my hobbies include playing devil’s advocate and drumming at my local church.

Is hard money/private money lender a better option to buy or does anyone have any other advice on this?

My inclination would be to borrow the money from a private lender and then refinance into a conventional, long-term loan and pay off the short-term private loan. 

I'm probably overthinking this but I'm trained as an engineer so there is precedent for this kind of behavior.I've read a bunch of descriptions of private money lending and I want to make sure I understand the details of the jargon used in these descriptions.

My girlfriend and i purchased a home last year with private financing through a family member on a 30 year loan at 3% interest for $43,500 and were able to get another loan of $25k to do a full remodel of the home and add a second bathroom to make it a 2-2.