The market supply is seems to be depleting and not being replenished causing sharp rising prices.

I have also done a little private lending, though not related to RE.My main goal at present is to educate myself across the board so that I might better identify future opportunities, or refocus current holdings.Without getting too far into the details of the various considerations, these are some toplines:1.

@Josh PrinceIf the agent is really the end-buyer, I would push back on paying him a commission, but otherwise give the deal serious consideration.

Yeah like Brandon said pivot slightly, unless you are comfortable with another strategy as well and decide to make that a bigger part of your strategy.I invest in Orlando and there's a rise in prices there as well.

And good point, consideration isn't going to be that ten dollars or some abstract consideration but equitable consideration to the value of the restriction required.A big issue in RE is anything that can be dreamed up as a strategy is anchored in common knowledge or knowledge in the public domain that can't be limited by such agreements.

This is a serious responsibility with considerable potential for liability.

I will take everything you said into consideration.

Private Money, Hard Money or a lender are the options that I am aware of.Some other things to consider (please take into consideration I purchased my house well before I knew about BP and never thinking it would be a short-term flip or rental property)Current Mortgage Balance: $91KProjected Improvements: $15-20K (Option #1) $3-$5K (Option #2)ARV: $120-$130K based on current market conditions, comparables in my neighborhood, etc.Any comments, suggestions, concerns, would be greatly appreciated.

* If there is a completely passive "money partner" who is getting (we'll say) 50% of the profits for providing the funding, then if that partner obtains a loan to provide the funding, then the active partner should get 50% of the profits computed PRIOR to consideration of the loan cost.* Just because everyone is making a "personal guaranty" on a loan, it certainly doesn't mean everyone has an equal amount on the line.

So after taking this into consideration, I talked with my mentor and called her back proposing to purchase her property subject-to.