Option 3:  Private money loanI know how popular private money is on this site and it sounds excellent. 

I don't think your exposure is that bad on interest rates, because you would likely be refinancing at the 6 month mark.Your biggest risk imo is did you get the rental income you expected, and did the property appraise for what you thought it would after you financed it. 

Trying to learn about hard money ,and private investors in buying new properties! 

Atlanta and Dallas were literally two of the biggest appreciators when they hit their boom a few years ago.

This is what it sounds like you're trying to do, and you will likely need a securities lawyer to draft the Private Placement Memorandum (PPM). 

So, can you tell me your type of loan, like:traditional mortgage types (FHA, VA, conventional)hard moneycommercial mortgage (like a portfolio loan or secondary market commercial)private moneyHELOC Seller financingPersonal savingsIf you did a BRRRR deal, you can list both the purchase and refinance source.And if it was a traditional mortgage, hard money, or conventional mortgage - what company did you use to originate the loan?

Send me a private message. 

send Me a private message I’ll be happy to make some connections for you

Interested, please send me more information private

The other 10k for a down payment will likely come from a private lender.