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Updated over 6 years ago,
Private Mortgage Or Hard Money
Hey BP Community,
I have a question and I want to know people's opinion.
My market has a fair amount of houses (in an up and coming area) that need to be rehabbed. And I'm trying to get as many of these deals as I can under contract but with anything money is always the factor.
All these properties would Buy and Hold for me and I've gotten a good amount of people willing to sell (SFH and MFH) in the area I'm looking at. I've been able to make these contacts just by going door to door or mailing to see if they were interested in selling.
What would you recommend for these investments to get the capital I need for purchase and Rehab?
Also are their any Private money lenders or Hard money that you would recommend in the Chattanooga, TN Area?
Thank you guys for your time and input,