Just my advice and a lesson I learned about doing private loans.

I'm not a flipper (I keep everything I buy as a rental); however, I often fund my purchases with short-term funds from Private and Hard Money Lenders.

Investment Info: private money loan investment.

Renovation Budget = $50,000All In Costs = $190,000I'm exploring private money and weighing the pros and cons of going this route. 

If you can't find a bank willing to give you a loan against investment properties, you might have to find a private lender.

Wholesalers other private buyer are good for when you need gone ASAP or don’t care about money and do care about the hassle. 

I can help you get started if you would like to send me a private message.

DSTs allow for investors to 1031 exchange into professionally managed portfolios that are diversified across asset class/sector/geographic, while being a passive owner and earning tax advantage income.

I would say, a basement is generally less desirable than above ground space but if you throw in a private bathroom it would be a bonus that might off-set the living in a hole issue. 

Here is what we do for our BRRRR projects:Buy distressed properties (cash with private lender)Rehab is 20-30K on average Rent it out at the top of the market Refinance (we created forced equity)Repeat the process Rehabbing at a better level provides higher quality tenants and higher rents.