Is it better to use transitional funding or a private or hard money lender?

I bet Vancouver is a bit chilly right now :)

I have a friend who has been offering to lend a small amount of money ($20k-$30k) for my rehab projects. I have been ignoring him because I am kind of scared of the unknown since currently I use HML and personal ...

Buying on terms/ controlling properties: - Sub2 - Sub2 and Land Trust - Wrap - AITD - Lease Purchase (you must buy later) - Lease Option (you dont have to buy later) - Master Lease - Master Lease with Option - Contract for Deed - Installment Sale - Private First Mortgage on Free and Clear Properties - FROR - First Right of Refusal - Land Trust and Selling the Beneficial Interest to the Home Buyer - Buying Property but giving a Life Estate to Occupant There are more of these types.

She also should have sought out other alternatives for financing such as private money bridge loans.

He knows all the contacts for private lenders and how to structure deals, good contractors, etc, and will let me take over the process while guiding me.

If you are patient I bet you could do much better.

I am currently working on finding Private Funding for a free and clear property I own in my SDIRA (harder than a non IRA property).

This is for those in the restaurant business, but there are direct parallels to seeking private investors for real estate deals.

I am looking for Miami real estate investors with me to partner in either a debt or equity structured arrangement that will be beneficial to both parties.Time to get hip to self-directed retirement accounts and doing deals using private lenders.Given what's going on in the world right now, folks will be looking to shield their IRAs and 401(k)s from the foibles of the Wall Street Casino.