You may find a lender who would give you a line of credit on the equity.

Any tips or advice is greatly appreciated!

My wife and I currently have an investment property in the Elk Grove area with 140k in equity and a home in North Oak Park with 90k ish in equity that we're currently airbnb'ing but would prefer to not have to go through the hassle of refi or pulling cash out with a traditional bank/credit union.Both have credit scores in the high 700's, low 800's and debt to income ratio of about 25% with a potential of being closer to 10%-15% if my wife finds out she passed the CA Bar this upcoming Friday!

Any tips on the process of partnering with a private money lender, terms, etc?

This deal we are closing with private money, rehabbing with a line of credit, and then will rent and refinance.

B.C. residents are also eligible for up to a $2,000 tax credit against this tax, effectively exempting the first $400K in value of the property from the tax.Tenancy Rules (tenant focused): There's a bunch but basically,Restrictions on deposits Restrictions on rental increasesRestrictions on evictionsProperty Taxes - We have those too!

The general terms would be 10% down by home buyer, 600+ credit score, 9-10% interest rate to home buyer, and legally originated by a registered MLO.My question is this: From my reading of posts and other research, the current yield on something like this a note buyer should expect is around 9-14% or therabouts. 

You can also make local connections and learn new tips, tricks and skills from the investment groups.

Kessler,the man credited with coining the term  Creative Real Estate,related how he made $250,000 on his first deal by putting a multi-million dollars commercial property under contract for....$100.

Just so you know, the basic requirements for the property include income of 3x the rent, good previous landlord recommendations and a favorable background and credit report.