I know this is an old thread, but the SEC just lifted its advertising ban today, and soon you will be able to advertise for private money a little easier.

At 8-9% I don't recommend putting it in the bank for six months.That being said, if you are using a private money lender or an investment lender to purchase more rentals, they don't typically analyze the source of your down.

If you go to your local real estate investment association meetings you will most likely meet private money lenders.

Met this morning with a, rough framing, contractor friend this morning had not seen for a while, he had called about doing some private lending.

Comments here are not private conversations, rather to a national membership, HUD governs sales and rentals of all residential properties in the country to some extent and will be a basis for many determinations made locally.

In 2-3 years you won't miss the 5k check you never got, but I would venture to bet you'd be happy to sell that house.

I’ll probably be private messaging you again shortly!

I'll bet I have made a thousand posts on the subject.Use a loan servicer!

I have a background in bookkeeping, and worked as an executive assistant to a private investor that was involved with Commercial Real Estate and REITs.

Very early, you probably need a small number of investors who are willing to make a very risky bet to bankroll the upfront work.