Hi - I recently bought a foreclose in Lakes Region (Gilford) that I am planning to rent to my Mom (so not looking to cut corners too severely). 

Think small regional banks.

@ Katherine Stochosky  Right here on Bigger Pockets, there is a little known, hard to find page where national and regional REO Banks are linked.

They are mostly regional or statewide banks.

This will very significantly from market to market, diff utility costs, harsher weather regions more maintenance snow blowing etc, but for just comparing two properties in the same area it doesn’t mater as long as you use the same multiplier.

Well DC is on that list, and is the richest region of the country. 

.,  While it's true that you can do better in certain regions to that 1% mark I'd never bet against Broward either. 

This will vary based on region but in general 2 – 5 points, 11% - 14% APR (meaning this is the annual rate so divide it by 12 to get the monthly interest amount), and documents fees can be from $600 – $1,900.

You need to meet the right people and figure out how you can be of service to them then follow up and stay in touch in a meaningful way.Here are some ways to find private lenders and raise capital.Friends and family for who they might know Networking groups REI meetups and groupsCommunity eventsNon profit organizationsFacebook groupsOther investorsMortgage brokersTitle companies and closing attorneys Property managersGoogle search for local, regional and national PM lenders

We operate in the Southeast Alabama region of the US and would love to hear what others are doing especially when attempting to break into this Niche.