@Nate Jenks no problem, here to help and clarify.When we speak to "cash out" loans in lending the maximum loan amount is usually 80% LTV on a primary home. 

Renovation costs would need to be financed separately.Private Lending or Hard Money: Use a private or hard money loan to acquire and rehab the property, then refinance into a joint long-term loan.Seller Financing: Negotiate terms directly with the seller for a flexible financing arrangement.Final ThoughtsUsing an FHA 203(k) loan for your first property is a smart move, and with the right partnership agreement, you can still achieve your 50/50 goals.

Quote from @Kevin Prasad: Hi all, I’m looking to negotiate a deal thats a mix of seller financing and conventional lending.

Its very hard to scale with flips, rentals and lending all the same time and be successful with each.  

One of the biggest red flags I have as a lender (who lends my own money as well as secondary market loan) is when a rookie tells me there goal is to buy 10, 20, whatever properties in the next year. my next question is how many do you own currently?

On the lending side, we see a lot of private individuals that try to lend out of their IRA just because the borrower is a "good guy".

We use FF and Zillow and other sites our PMS syndicates to.

The operator in the market I chose ( Memphis) A Cpa I knew from BP  and one of the most respected syndicators on BP who could help with raising funds.

Also, I have never used bank loans for building in the past and want the new setup to be both good from a liability point of view and something a bank will lend to. 

How about a fine for those who use ChatGPT to write those generic threads like “How to Get Into Private Lending” or “How Great Private Lending Is”?