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.

These inspections must be completed by a certain date, which can be called the inspection contingency date (though is officially referred to as a number of days from the contract date wherein a buyer must notify the seller of any defect revealed by the inspection).

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.

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.

@Ryan RushThere would be private lenders or hard money lenders; who can do a blanket loan; as a fixed DEBT funding; as a loan on the property.Some people go for EQUITY funding with private lenders. 

If you decide to back out of the deal, you will lose that money, but if a home inspection reveals a bigger issue than what you are willing to tackle, you will get that money back.