With my current financial position, the properties need to have at least 1.2 rent/value ratio or higher, be 75% of value, and $150k or less. if the numbers work out in the near future, i would like to start using hard money lenders for the down payment and closing costs on the properties, and purchase them traditionally. i would like for these properties to also have a 1.0 or higher rent/value, and with my current credit i can get approved for around $150k-$200k, so the property would need to be below that. once i fill up my 10 allowed traditional financing properties, then i would go hard money lenders for down payment / closing costs, and private financing for the long term. by that time though my own portfolio should be able to provide down payments in leu of hard money. your comments and positive feedback / critizism about my strategy going forward is appreciated. i am a brand new real estate investor, finishing up on my first hard money/refinance acquisition now, so im just getting started and looking to grow the portfolio quickly. thank you

Im not new to real estate but have just started playing the game again. Im in the Tulsa area. I have a few deals lined up and am looking for financing. I have a lender lined up already but I just want to see what else...

Hey guys,Hope all is going well I was curious I have some potential private lenders that will be investing with me but I am new to this private lending game?

Now a professional civil engineer in site development.

@Charles Wiegert I partnered with private money (my cousin) for the initial nest egg which we are reusing.  

Many forms are available online if you want to use a professional form letter.  

It's too small for professional multifamily management and the SFR managers have a different business model, without multifamily vendors and suppliers for turns and maintenance.  

We are using a private contractor who is not pulling any permits.

Private loans are private loans and contracts are contracts, right?

My name is Eric, I am a Real Estate Professional here in Minnesota.