Definitely looking for a private money lender but to provide $10k for “due diligence” just to get back at closing.

You really want a LOC with someone, not really a private lender. 

I’ve been having more conversations lately about how investors are adjusting their financing strategies with banks tightening up, rates moving around, and deals needing to close faster than ever.One thing I’m seeing: more investors leaning heavily on private money and asset-based lending, especially for fix-and-flip and short-term bridge needs.Curious how others here are approaching it:Are you using private lenders more often than traditional banks right now?

For those who’ve worked with private lenders or funding partners, what do they usually want to see before committing?

@Kelly SchroederPrivate money for purchase and DSCR loans to refinance out of the private loan.

I have already talked to hard money lenders and got the pre approval.

I had a question for lenders and brokers:Do I need to prioritize using a local lender?

Did you ever meet the lender in person?

I'm a new hard money/private lender in Northern Virginia looking to join real estate investment clubs/groups.

Contractors: what’s your perspective on working with investors who use private or creative funding?