Bought from private lender via networking.

If you would like to PM me I will certainly share privately if you want. 

Purchase price: $89,500 Cash invested: $28,438Bought our first multi-family investment property from a private seller who is on his way to retirement.

Private money is almost as good as cash.

really depends on where your at.. sometimes Cap rate and cash flow are not the main driver safety tax write off note pay down on prime assets might be just as important as does it make 5% or if I do it my self you make 8 or 9%  right ??? 

The 75% Equity Line of Credit was originated thru Mandy Hansen at MidFirst Private Bank in OKC--she is an amazing banker for commercial / multi family.

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.