under conventional lending requirements you can have 10 mortgages.

Were in Columbus Ohio in contract on a double and just wanted to see if anyone knew of a bank that would lend on a double for less than 25% down.

We had an additional $17.5K in private lending come to us after we made the deal, and we budgeted that for the reno. 9 months and $30K later (as the story always goes) we had a tenant moved in and ready to pay rent.

Traditional bank financing is out, Being an investment and being self employed with low income after tax write offs, so I opt for private or hard money lending with an interest only loan as traditional financing is not currently available to me.After rehab I now have 40% equity in the home (property now appraises for $233,000).

Try Lending Club, but I think their max is 30k.

Speaking of which, if you don't use income minimums, immediately institute 3X or 4X income requirements.Having the income requirement coupled with the no co-signers policy should eliminate most students from qualifying for your rental. 

I've been doing residential lending since 2003 and never heard of a lender asking for additional insurance .

The pros are:- It lends some credibility (for whatever that is worth)- You do learn what is legal, ethical and accepted practice in the area (but you can depend on an agent partner for that)- Access to MLS, so that you can be the 20th offer and get outbid 99 out of 100 times.  

They're made up of a real estate brokerage, a mortgage and lending company, a property management company, a rehabilitation company, a legal services company, and more.)StrongBrook Mentoring Network (This is the "Mentor", "Guru" place people talk about.  

hello rodney,ed reid here,there is 100% financing available for fix and flips ,the money is expensive,14.99 and 4 pts ,its only for 6 mo,here is a creative way you can accomplish your objective as it pertains to buy and hold,you could intially acguire properties using the hard money ,you would have to make sure that  your  rents are high enough to pay,you could then refinance the properties,i have lenders in my portfolio that has a 3 month seasoning requirement ,they wil lend you 70 to 75% of the appraised value,if you were able to buy properties and rehab them in such a way that your loan to value is 60%,you would be able to pull money out on the refinance,the rates are between5 and 7%,you may want to read my post financing your way to wealth ,the post will give you a case study of this technigue in action