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Updated about 3 years ago on . Most recent reply

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8
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Peter Zeoli
  • Lyndhurst, NJ
8
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8
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New Jersey Investing

Peter Zeoli
  • Lyndhurst, NJ
Posted

Looking to network with all my local real estate investors, agents and lenders in the New Jersey area. Also would appreciate any advice on how to land hard money lenders in my area. I come across a lot of investment properties and some insanely good off-market deals I just can't land funding for them. I feel I am asking the wrong questions or maybe people just aren't taking me seriously. Would also be willing to apprentice to show how hungry and motivated I am to get it done. Any advice would be greatly appreciated !! 

Most Popular Reply

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356
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Joseph Guzzardi Jr
  • Rental Property Investor
136
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356
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Joseph Guzzardi Jr
  • Rental Property Investor
Replied

@Peter Zeoli Hard money lenders are lending based off the asset. I'm not a loan officer, but unless I'm missing something, if the hard money lenders aren't funding a deal for you there's a few reasons why. A) It isn't a deal and your going to lose money B) the loan amount is too small C) if it's MFR the purchase price per unit is too small

More than happy to assist with any other questions.

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