You can do this anywhere on earth where private property rights exist. 

You can take out private or hard money on free and clear properties #5-10 and do a rate and term refinance with conventional to pull money out on them.

I am trying to learn how to become a private money lender OR to find a reputable Hard Money lender with whom I can invest.

Thanks,Watson Hi Watson,None of the bedrooms have a private bath, so they do have to share and make arrangements for that.  

You might also start finding deals and as you network, you could find private money to fund those deals and off you go. 

Wholesaling formula is 70% of after repair value minus repairs minus your feeYou might consider doing a joint venture with the seller where you buy subject to the existing financing, use private money for the repairs, give them a note for their equity after you subtract real estate commissions and closing costs repairs and your fee of 10,000

It will be sold "As Is" under the direction and supervision of the Private Selling Officer defined in the judgment.

In debt 100thou creditcard/private lender (but have 1x inheritance disbursement in 4 months to just cover debt).  

I guess some folks would rather keep their numbers private.

Cedar Rapids has Rockwell Collins which employs about 9K workers in CR and surrounding areas, they are the second largest private employer in the state behind a grocery store chain Hy-Vee.