Sorry to hear that but what I can tell you is think of lending as buying soda - at the end of the day it typically flows to the top 2 or 3 major companies. the same is private lending, it goes to apollo, blackstone and a few others.

What advice would you be looking for on the private money part?  

Why would a private lender loan to you with no experience?

Get a private lender to fund and use the 10k to do repairs if needed.

Quote from @Steve Dorian: Would you consider using private money infusion in your investment properties?

THe majority of the good stuff is sold before it hits the public.I know three investors that bought from the Land Bank and they all went WAY over budget to finish the properties.

I know someone who had major structural repairs done to their home and were told by their lawyer (because lawyers were involved with the builder) that they didn't have to say anything when they sold the property because the damage was fixed (the sellers did tell the buyers and also mentioned it was under warranty).This is not necessarily accurate Theresa, as in some states like CA (where the property might be depending on which side of Lake Tahoe it is on, I believe the state line runs through the middle of the lake?)

For a first rehab, line up three options in parallel: 1) a rehab or bridge loan quote that funds a big chunk of purchase plus repairs, 2) private money using a credibility-first deck with your electrician background, scope, timeline, ARV range, and clear payback, and 3) a small HELOC or line of credit as your contingency to cover draws and surprises.

Have you ever tried combining private money with short-term loans to maximize leverage?

I’m Cory McClure, a private lender and real estate investor based in Minnesota.