Neighbors coming and going but carrying their purses?

You may nneed bridge financing, either hard money or private, which you can refi. once the building is up and cash flowing.

Sabrina, thank you.They will carry paper but I dont know the terms yet.

If they are just lenders, you'll probably want to pay private money rates -- 8-12%.

I don't normally buy from private sellers, and I'm certainly no expert.

But - by this time, I think you have enough credibility to start attracting "Private Money" or people who want to earn a nice return on their investment by having you flip or buy-n-hold properties.

sent you a private msg via the colleage requestnew here, don't know how to PM youThe broker is great, highest closer and work well with me when I was out of state buyer.Very professional ;) used them on every deal so far.

And do they (PMs) typically ask POs to carry $2M in liability?

I have a couple private lenders in mind to help me if I would like to rehab a deal myself.

It is much harder to find out who is the owner of the LLC and their private address/information.