Look for private money.

There are a mix of rehabbers, buy and hold investors, wholesalers, property managers and private lenders.

All of this points to a cooling, which is already in full effect in BC, but the condo and townhouse sector is hiding the demise and inflating the dismal numbers, but only for a short time.  

I've been in discussions with with a director of private banking at a local bank but in order for her to be involved she wants to wrap them into one commercial loan.

I'm interested in working with like-minded investors to re-build my wealth so together we can create an income machine, sustainable through all real estate cycles, keeping the company private so internal decisions are stream-lined when direction changes are needed.  

So in that case is my only real option to use hard money or private money in the short term and hope to refinance to conventional after seasoning? 

Hello, I could use some guidance, My mother was left two properties with 5 apartments here in rochester byShe's owns them in part with family and is trying to manage them There is extensive plumbing damage as well as needed updates She had no credit or moneyAny ideas as far as private funding for renovationsShe owns the properties outright there's value in them Wouldn't need much 20 or 30k

1) Do a JV with a flipper who is active in that area (find at the REI clubs)   OR2)Find a private lender

When I first started out I really had no idea what to think, what to do, or where to start...Today, I just finished my third investment as a private lender for a rehabber (earning 12.5% interest) and I have a fix and flip in the works (thanks to a great team I've been lucky enough to align myself with over the past year) which looks to be finishing up in the coming months.

(In fact, I have my own hard money and other private financing-- if I'm going that route- I'll keep the deal and do it myself).