Hard Money Lending to start REI

[Kyle Nelson]

Hello All,

I am a 26 year old college graduate currently looking to start up my REI business and my biggest issue has been financing. I am currently working for a school and a corrections facility in order to support myself, but have not been able to save up enough money to get things moving. The conclusion I keep coming back to is that I will need a hard money lender in New Hampshire to get my business off the ground. I have done some research on hard money lending and listened to many BP Podcasts but I am still concerned I do not have the knowledge to jump into this right away. My ideal situation would be to have a 0 money down deal, rehab and refinance or sell to get out of the loan once everything is complete. I would prefer to buy and hold, but I realize that I may have to sell in order get enough money to purchase a buy and hold property on my next deal. If anyone has tips or stories on their journey of using a hard money lender I would love to pick your brain about it because it seems like this is my only path to achieving my goals at this point in my life.

Thank you!