I was asked by a HML. What my exit strategy  was as I told him buy rehab rent and refinance.  He asked did I have a letter of intent from the lender that will refi. I been talking to a few lenders about my exit . But ...

Your profession should be the source of all the private money you will need. 

I've found a property that is listed at $650,000 for 4 homes on a private drive way.

LenderCommercial >4; residential <4; and possibly private (hard money)3.

Borrowing from a private lender would cost about $750 more on a 120 day loan, which is worth it to be able to close quicker to do more deals.Sort of a complex answer, you can PM me and I can answer any more questions you would like.

I've never dealt with a private lender or hard money lender before.

Just send me a private message.Either way, good luck.

You can find my email in my profile or private message me.  

I'm also looking to understand the best local title companies to use for private funding / "subject to" deals. 

Depending on your cash, there might be other ways to invest in RE without ownership such as doing private loans, etc (make sure you comply with your state laws).