In todays market, they are most popular when purchasing a larger bundle, needing flexibility on a bundle (lower purchase prices being allowed for example), or when cross collateralizing equity as downpayment. 

I have a deal in my hands of 7 mobile homes all on separate .25 acre lots and all rented out to long term tenants.

If seller financing is an option, you may be able to get hard money for the rehab, then cashout refi into a DSCR or Conventional investment loan when complete and take it straight to market as a rental.

Hard Money is for suckers" is copywriting designed for you to want to get in touch and put in a loan request so they can sell your info to me and I can hopefully close your deal.In my marketing, I often use "Hard Money" as a blanket term for Real Estate Investors because its a widely know term, thought its rarely understood.There is good and bad to all things, including Hard Money vs Private Investor...It seems like you're giving up half your profit.I would think its worth paying a a bit of a higher rate and being able to keep 100% of the profit on some of your deals.I am happy to discuss further.

There is variance in markets but I believe most high price markets are like my market with 2 primary plays 1) patience.

While serving as a VP of Retail Operations for over 20 years at a national retail chain, I consistently pursued real estate studies and successfully invested in several properties.Currently, my primary focus is on selling and listing real estate throughout the Atlanta market.

Start attending local meetups to learn more about your market.

Hey All,Looking for referrals or connections to A+ STR Property Managers in the Castle Rock Lake, WI area (New Lisbon, Mauston, Germantown Township etc). My family and I are contemplating building a 2nd home on Beach ...

While in other parts of Chicago the market standard to have BOTH!

Have you looked into any "cash-flow" markets yet?