Made about $300/mo after private loan, HOA, taxes, insurance.

Generally it is best to own rentals in your own name and use ret. account for some other alternative investments such as trust deeds or private lending (because there are no tax benefits when owning rentals in your retirement account as opposed to owning in under your name), but every situation is different.

Build up a network of private money or hard money lenders.

When you are buying a property off of the MLS, and using private money, how do most of you show proof of funds?

I do not provide that service and I would be happy to pass a name along but you need to send me a private note because I do not think the rules allow us to recommend Someone publicly

@Charlie Fitzgerald does private lending here in Las Vegas and I believe he can provide you with a lender's perspective, as far as how your existing condo would be viewed from a lender's perspective.

I'm going to look into Ben Leybovich stories.Steve - I'm going to reach out privately.  

You can experiment with owner finance, wrap arounds, or private money.

What are the legal ramifications for a private party to  borrow from a private lender at 8% and then turning around and lending that to a rehabber for 14%?

Is there any private lenders on BP?