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Updated over 10 years ago on . Most recent reply

buy and holds
Are their prvate loans for a purchase plus rehab for a buy and hold?
Most Popular Reply

Yes of course. There are private loans for anything if you can negotiate them.
Your question makes me think you are confusing a private loan with a hard money loan.
A private loan comes from a friends, family or associates that loan to you because they trust and respect you. I would not consider anyone who has a specific lending criteria to be a "Private lender" They are a professional lender and would fall in the category of Hard money lender.
In my area it is very hard to get a Hard money loan for rentals. The reason is it is very hard to get a commercial loan to refinance the hard money lender out when the property is up and running. That used to be a common strategy and may work in your area.