Once a prospective tenant meets those criteria, they are invited to schedule a tour.

Not many private investors will do 7% over 30 years fixed.Personally for long term rentals, I've had good success working with local banks or credit unions that could provide purchase + rehab financing.

What is everyone's thought on using a Private lender and where to start looking for a private lender to talk to and see if that would be a good fit for you?  

@Fallon Gilbert I raise private money in a variety of ways using systematic tools and strategies.

The speed and flexibility of private lending is huge right now, especially when deals need to close quickly.

How do you find/connect with private money individuals?

Quote from @Victoria OHare: Hello all, I’m new to private money lending and trying to understand best practices. 

Curious where everyone’s been finding private lenders lately…Are you seeing better luck with:• Networking events• LinkedIn• BP messages• Referrals• Local RE groupsFeels like the landscape shifts every couple months.

Banks do not want to compete most investor loans are now funded by private equity companies and eventually securitized.

For those who’ve worked with private lenders or funding partners, what do they usually want to see before committing?