Hard Money Lenders

[Account Closed]

Hi BP, 

I am a newbie to investing. I'd like to know if there are any hard money lenders available. If not? What are my other options for capital?

Thanks for all the help guys.

[Jay Hinrichs]

Rae... starting out in the business if you have no actual capital or a capital partner generally precludes you from getting a HML... HML generally or almost universally require CASH infusion into each deal. they require decent credit most of the times and experience.

If your starting out with no capital and no experience you will usually want to partner with someone who has the capital and experience..

And it really depends on what you want to accomplish..

If RE interest you   you may want to get a RE license and learn the industry.. you can get on with a big team and get paid as you learn.  This will allow you to apprentice and if you find your calling and can move up in the industry it can be a lifelong gig that is rewarding monetarily and for your personal fulfillment.