i was talking to an investor friend and hes working with a group of aggressive investors buying properties at 80-85% FMV and then restructuring them at a 100% seller finance until the buyers can qualify for a conventional refinance. i already have a system working with unqualified sub prime buyers but still learning to work with private money/lenders. i dont know if this matters or not, but my investor friend charges 5 points

also if youre using a private lender, are the loans assumable and can they enforce a DOS on their note? im assuming with private lenders, they dont have strict underwriting guidelines like subprime/conventional lenders

all depends on what is happening with the loans. if they are being held, or if they are being securitized.