Your best bet is borrowing from your relatives. 

This means the borrower requirements for a loan will be based on the loan to value as a purchase transaction, not a refinance.

W-2s for the last two yearsSigned Federal tax returns for the past 2 years for self-employed borrowers and rental income/loss MAXIMUM FINANCED PROPERTIES The maximum number of financed properties that the borrower(s) can have is four (4).

I talk a lot about predatory lending, there is also predatory borrowing, it depends on who brings up the terms, presents the financing arrangement and if such is increases risks to the other party or is not a prudent arrangement.

What is his credit score and job history..... it only takes one person to crash a plane.Also remember that these are not your only choices.

It also depends on the financial situation - if you are borrowing a hard money loan for a flip, you would wanna finish the project asap.  

Are there outside variables or is it just based on how comfortable the bank is with you as a borrower?

But in the end, it comes down to choices.

Either way, you made the right choice.

Example: I borrow $10,000 at 10% and pay back $11,000 after six months.