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Updated over 9 years ago on . Most recent reply

User Stats

14
Posts
2
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CJ Edenfield
  • Investor
  • Gainesville, GA
2
Votes |
14
Posts

New Investor - lendors

CJ Edenfield
  • Investor
  • Gainesville, GA
Posted

Greetings BP! 

This is my first post and I am ready to get to it. I am a new investor but this is something I have wanted to do for years. I regularly identify deals I would like to pursue that would provide great returns and I've almost pulled the trigger on a couple. My biggest struggle is making the connection with lenders (hard money or otherwise) to provide funding. I can have confidence in the property, the deal and run the numbers until I'm seeing stars but without connections to reputable lenders that are looking to put their money to work the deal goes nowhere. What are your suggestions/strategies for connecting with lenders willing to let their money work?

Currently, I am looking at single family and multifamily homes.

I look forward to meeting each of you and becoming a part of this community.

Thanks!

Most Popular Reply

User Stats

1
Posts
1
Votes
Michael Rathbun
  • Sterling, VA
1
Votes |
1
Posts
Michael Rathbun
  • Sterling, VA
Replied
This my first post having just heard about and so joined BP today. A national website www.MyHouseDeals.com has a very larger Lenders List you can access as a member for only $200 or less a year. And, if you document a deal done from their site during the year, they will refund you membership fee! Ideally, the best way to get funding is to develop relationships with private money lenders you have prospected for locally. Hope this helps!

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