For my market and personal situation- if I can create around 15% equity or more and the property is cash flow neutral or better, I'm probably going to take a run at it. 

Quote from @Nicole Claibourn: Investment Info:Single-family residence private money loan investment.

What proof did you get that this person was actually an agent?

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?

The numbers look good, but in reality, they typically do not end up providing the returns you anticipated and end up being a money pit there is not enough gross income to account for realisitic cap ex and operating expenses.. unless you own 10 or more.. 

@Michael Santeusanio Are you using a bank definition of DSCR or that of a hard money lender?

The Conti and Finkel's  “Big Money Cash Close,” but at its core it’s really just a seller carryback combined with a new first mortgage.

Institutional private money is really no different than Hard Money except maybe they can close a little faster but sometimes it is a title issue and you can't anyway.  

How much in personal reserves do you have?

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