The folks in my group are willing to pay 12% to 20% for private funds depending on points and payments.Hope this helps...David J Dachtera"Success is not a destination.

Finding out after 4 VERY costly evictions over a 24 month period that something needs to change.(1200+ per eviction for attorney, + 3 months unpaid rent each eviction = average 4.2k per eviction = 17k loss over 2 years - not including the thousands in damage that was done)Business evictions are heard one day every 2 weeks and take  3 months, privately held every day and take 6 weeks on average.

The private loans I create have escrow accounts set up on ALL loans after realizing that MOST borrowers will not pay their taxes and insurance when due each year without an escrow account.  

Private lenders charge 9-18%, with 0 to 8 points.  

My short term goals are to start introducing people to Private money.

Simply put you will need to buy the home from her as-is all cash or private money, make your repairs and then sell for profit. 

I never mind if a tenant/owner is around I just talk a little less, and hold my thoughts till I'm in private with my client.

The plan is to purchase the properties with private or hard money, rehab and refinance out of the initial loan using standard 30 year fixed mortgages.

Start trying to network with some private money lenders and start chatting up your circle of influence if you're interested in finding a PML.

I have a hard time trying to find a private Leander.