A private loan has a lot of benefits - it's not on your credit report so it doesn't affect your DTI, it's probably more flexible if something really drastic were to happen to you and you needed some breathing room for a few months. 

The rates were a bit higher (6.5%), but they were flexible on a lot of things (i.e. condition of property). 

You might not be able to get out of paying the legal fees incurred by the association to get in touch with you since those are non-flexible expenses they incurred, but you should be able to negotiate the late fees by the association (maybe waiving them if you pay in full by x date).

But having the lower payment the 30 affords you gives you much more flexibility for when life's circumstances change like if you get laid off, have vacancies, get hit by a car and can't work etc.

I have closed quite a few deals in CA lately and they are all pretty flexible.

Truth be told, I was pushed to wholesale by a licensed broker in my town who told me that I would have waaay more flexibility than he or a realtor would.

My primary motivation for pursuing RE is to be able to have a flexible work schedule, so that when my son and future children are older, I can put them first. 

Those can be great for the tenant and gives them flexibility but generally bad for the buyer as they are hard to finance.

This allows me the flexibility to deposit it anytime during the length of my contract period; typically 14-30 days.

We have flexible NIV financing with great terms.