We have a friend that wants to lend us the money to help us buy a fixer upper that we want to live in for 2 years and then sell. 

In my limited experience I would say that if you go virtual in a different market (say a smaller city with lower priced homes) you'll generate more leads, but you may struggle with disposition as there is less Investor activity from your potential end buyers (Small,Med, and Large Flippers, Institutional/Hedge Fund Buyers, Turnkey Operators..etc) On the flip side if you stay in the more competitive market it will be a grind to get those first few leads and to secure a contract but your odds of not being able to dispo it should drastically decrease (Assuming you have a discounted deal in the right area) and that check should be NICE. 

Private mortgage lending companies don't look at either.

Assume that the lender will lend on 75% of the ARV ($120k).

You can find them on meetup, some are focused on ADU’s, some are lending, and some are general networking.

Is there a better way with conventional lending? 

Hi Friends -I have been lending my friend cash for flipping homes.

Institutional investors will lead the charge for the exits so it’s always worth keeping your finger on the pulse.

I obviously do not want to give my tenants my bank account number so I would rather deal with their financial institution directly if that is possible.Any suggestions will be greatly appreciated.

I've asked about 5 lenders so far and haven't found a Lender who can lend.