. - All utilities included (except internet, water, and pellets for the pellet stove)- Comes with private sauna- Comes with Private Gym- Comes with shared in ground swimming pool- Comes with wrap around porch- Comes with jetted soaking tub in the primary bathroom.- Partially furnished (everything except living room and primary bedroom)- Comes with property managementTo put it bluntly, the rent being charged is higher than your average consumer can afford... $6,500/month to be exact.When I think of who might be able to afford a rental like this.

Then this small setback requires that you dig deeper into your contacts and look for either a Private Lender who knows your character through and through or find someone with the experience to partner on the deal with you.

Local private lenders in New MexicoThese are usually the most flexible with mid-project takeovers.

There are definitely private lenders active in that market, and that could be a good path to explore.

-Typical payor mix (private pay vs Medicaid) and target occupancy-Are you doing conversions or ground-up, and what deal sizes you like?

Private money partnersIf you have a solid track record, private lenders will often fund your next deal based on the plan and exit.

If you are unable to perform, per your partnership agreement, the entity could "fire" you and perhaps pay you a finder's fee of some sort (or nothing since you'd likely be leaving your partner with a busted flip).If the deal goes as planned, you would split any profit from the sale after all costs were subtracted.On the other hand, your partner could fund the purchase as a private loan to you using professionally prepared loan documents obtained from a lending attorney.

Also, is the lender a true private individual or a more well known firm?

Quote from @Stephanie Deppe: I’m interested in opening a self directed IRA to invest in real estate—perhaps as a private money lender or funding my own property acquisitions.

There is NO lender, NO private investors, it's all FRAUD!