The idea is to pay cash for the repairs, but try to finance most of the deal with hard money.

I have no idea where this property is (and I don't really care) but here's a real life example of where saying to much could come back to hurt you.

I've been kicking around the idea of buying a new mobile home and placing it on some land I inherited.

Consequently, you will not have to wait long at all for your money.Select the Borrowers CarefullyFor you to get the most from any private lending, a good idea is to choose what type of real estate investment you wish to participate in as a private lender.

@Hai Loc  I like the idea and everything but not quite ready to buy anything. 

Would be good to throw ideas off someone in same boat.

There are no pools in the surrounding area, so that idea is out. 

(I also like the idea of a tiered system for violations, so you don't get dinged just because you've got a cranky neighbor)  Congrats to Colorado Springs investors!

Any other ideas?

Another example is from David Greene's book where he talks about paying his agent $1,000 for any deal he does with a member of his agent's office or team, as a way to motivate his agent to market his criteria to other agents and have more people working to find him deals.Any feedback on any methods you use or ideas you think might work is appreciated.