It's really fun here.PMI stands for private mortgage insurance.

Good morning  BP,I am working on a rehab and flip project and looking for a competitive source for private money lending to cover the purchase and rehab & remodel costs.My investor partner owns over 20 properties and has excellent credit.He had ask me to present him with some Private money financing options for this project.Thanks in advance for your advice!

VP of Operations at a college (new construction, Facilities and Grounds, SFR purchase in surrounding neighborhoods), Personal residence (live in  flip), MBA emphasis in Entrepreneurship, Analytical work for a private equity firm-Mike

Total investment of my own money is $25k, however I have borrowed $55k at 8.5% interest only through a private lender, and have another $30k between (2) 0% credit cards. 

Also I don't think this property will qualify for anything but private loans given a physical condition. 

Five days is just too short of a time frame for most lenders (including private money etc) to perform their due diligence and come to a decision.

Other than private money, what are some alternatives to get a mortgage?

Title can be cleaned up during private by filing a 850 petition within probate to avoid the long, tedious prove up of quiet title in civil court. 

So, to the seller, we would look like an all cash buyer even though many private lenders may be part of the buyer's side of the deal.

If you buy on a wraparound mortgage or the contract for deed, where there is existing financing, or if it's sort of financing where there's no existing financing and a private first mortgage In real estate law, "equitable title" refers to a person's right to obtain full ownership of a property or property interest.