@Kenneth Jackson,About the only option you have is to learn how to team up with money partners, whether that's private lenders, other investors or hard-money.Read up on self-directed retirement accounts and how folks can use them to take more active control of their earnings on their retirement savings.When you can show folks how you can get them 12% to 20% return on their money versus the beating their savings has taken on Wall Street - 50% to 90% losses, you'll soon have more money available than you can find deals to do.There was a post in another thread about the biggest mistakes newbies make.

Keep in mind that if you contact a private lender, the first questions they will ask will be about your deal.

I think I may be inputting wrong or confused as to what numbers/costs go where in the calculator since I'm initially using private money, then doing a cash-out refinance while using my own cash for renovations....

I am keen to know how private lenders rates usually compare vs banks.

I am keen to know how private lenders rates usually compare vs banks.

seller financing, private financing, hard money financing, partnering, joint venturing  

Would a private money lender be the best option?

In my career so far, I've bought and sold several businesses, and raised circa $80 million for both privately-owned and publicly-listed companies.For years I've been passively involved in Real Estate, renting out a property for decent cash flow, and continuing to educate myself for the "big push" into REI.

Dear BP - I was recently discussing my real estate goals with family over the holiday and another form of raising private money came up.

I am looking to take leap in my business this year by seeking out private money in the form of promissory notes so that I can pursue more and better opportunities.