Therefore, the change is painful.But I have to say one thing about it… One buyer I know would LOVE to have TRID requirements forcing her sellers to move out 3 days prior to closing, but it does not apply to her privately-financed residential transaction.

Details: North SJ, near the future BART station, town home, 2BD/2.5BA - 2 master bed rooms, low HOA and well maintained, near future developments and another town home complex to be built nearby, ~1100 sq. feet, decent school district (Piedmont High School, 4/5, 10/10 on Redfin), 1 car garage and 1 carport w/a private patio, close to Target and other shopping areas, laundry downstairs and in the building.

My understanding is that the underwriting is based on the rental income only from a DSCR perspective, and the terms are pretty decent for private money (assuming you meet certain qualifying parameters such as credit, LTV, etc).

Is anyone working with a private flood insurance company?

According to what I have read elsewhere, at a couple properties...that is also about the place that conventional lending starts to become more challenging and portfolio lending and private financing options start to be a better fit.

Pay your private lender back a pre-negotiated fee for the use of their money.

The second option would be to line up a private lender and make a cash offer, on a short sale. 

I have been and am looking for private money partners and I know they exist and I know people doing that very successfully in this area.

Please feel free to comment or message me privately.

if my end buyer uses funds from a private or hard money lender will that interfere with me flipping the contract in anyway or potentially cause any problems?