Hi KenWelcome to BP.I am a Private Lender located in the Austin TX.  

Hi All,  I am trying to figure out my debt to income ratio for a FHA loan, if I have a private debt meaning I owe a friend some money and I am paying him monthly.

Bob knows that if Mary transferred her IRA to Equity Trust Company, the funds would be available for him to borrow in his private bank.

Hugh networking events with free food, drinks and great atmosphere for deal making, private money contact ect.

And secondly is to avoid using a HML, I am now trying to seek some funding partners (family and/or friends) or private money which should be much cheaper and less of a hassle to deal with. 

I’m specifically interested in private lending and performing notes in general, and have been surprised by the willingness and patience of others to help us newbies, even with the most basic questions.

You can also do private lending to flippers or hard money brokers to get the same returns (and more).

Just write it up with repairs needed, market value plus holding costs etc. and ARV, then you have something to present to a private money partner or hard money lender.

If you do buy from wholesalers or private parties, access to cash for a quick close will be intrumental. 

Maybe even borrow private money to help fund the down payment.