I'm involved in a unique situation in which a client wants to essentially sell his home and still live in it.He took out a loan which has too high of interest rates currently and he hasn't payed the mortgage in a year.His credit is bad so no subject to.The home is lovely and worth $500k.His neighbor attempted a short sale deal as he owes $330k on top of not paying in a year.The owner's lender won't take less than $500k.My idea to help the client avoid bankruptcy and foreclosure is to propose the neighbor and friend buy the home at market value.This would allow the client to pay his friend and neighbor rent at a lower rate than what he's currently being charged at north of 10 percent.What's the lowest rate anyone has heard for private money lending?

After a great rental season, I used a combination of the income generated from the first STR and some savings to use as a down payment for my second STR condo that I financed with a private lender.

Typically you're looking at a private lender, hard money lender or construction loan.

@Carlson Driver, Beacon Hill is a pretty nice neighborhood.

This deal also partners with the banks program of 0% down and no private mortgage insurance.

My name is Rebecca and my husband, Nick Knox III run Captain Save a Home LLC, Brew City REI Club (a private network of our trusted real estate friends), Brew City REI Training Cafe and Wisconsin Contractor and Handyman Club (contractor-investor connection platform) based out of Milwaukee, WI for the past 8 years.

looking too find private money lenders to fund deals in my local area and out of state too,whats the best way to find them?

I'm a part-time food delivery driver, so it allows me to make money by doing deliveries while also researching neighborhoods. 

Background on myself:   I was hurt on the job as a delivery truck driver 5 years ago.

Perhaps you should consider selling and buying a duplex where you could each have private space?