Private/Hard Money Lenders NJ

[Stacey D.]

Hi! Looking for some insight into the private/hard money lending. We have started an LLC with the primary goal of doing fix and flips. I'm wondering if anyone can share how much cash on hand we should have to get funding. This would be our first flip as a business. Credit scores of 2/3 owners is pretty good and 2/3, one person has a rental property and experience there and two are personal home owners. We will be doing business in New Jersey.

Also if anyone has some insight as to how it would work for auctions that would be great!!

Thanks for any info you can provide!