Hi All,  I have a fix/flip loan on a SFR that is maturing at 6 months come May.  I had it under contract and it fell out late in the game for a very silly reason.  It's reasonable to assume it will close in the next 6...

Like:Cash Heloc that you can use for cash purchase Private Money from friends and/or familyHard Money lendersGet Brandon Turner's Book called "Investing with No/Low Money Down".This will get your creative deal funding juices flowing.  

Sooo I got it under contract, called buyers and the (only) one private investor I know about property and real estate agents.

HI Joel,My meetup group has exclusive private money lenders that do deals like this all the time.

For the 'passive part' we are just now working on structuring a couple of Private Investor deals where an outside investor could use *their* Self Directed Account to bring the down payments and partner with us doing *all* of the finding, purchasing, PM, etc... so their part would be totally passive. 

I figured that at least a private lender could do it. 

Financing & Deal Structure: Purchase Price: $1,550,000Bank Financing: $1,162,500 of Purchase Price at closing Financed by: South Shore BankInterest: 5.46 %Points: 0.75 PtsInterest Reserves: $60,000Closing Costs: $23,000Terms: 25 Year Amortization 10 Year term.5 Year fixed.Down Payment at Closing: $400,000 Private Investor + Own CashActual Rehab Cost: $385,000Summary: Purchase Price: $1,550,000Rehab: $385,000ARV 3 Unit: $2,000,000ARV 4 Unit: $2,400,000 Appraised values came in at $2,300,000 for 4 unit with lower rent roll projections given.Equity Created: $500k+Projected Monthly Rent Roll: $15,500/monthProjected Monthly Cashflow: $2,328/monthProjected CAP Rate: 

Any private money lenders in ms?

For those who do not invest locally, what do you use to quickly see if an area is worth investigating? 

Private lender(family member) How did you add value to the deal?