What to look for in hard money lending to buy first flip house?

[Rob Daniels]

Hello my name is Rob Daniels and I’m looking for help with what to look for in a good hard money lender in order to purchase my first home to flip for a profit!! Any help would be greatly appreciated as I am new to this!!! I am going to trying to flip in the state of Maryland, does anyone have a hard money lender they have used in the past with success? Are there rules like the money has to be paid back by a certain time frame? Do you have to have perfect credit for them to loan you the money? So on and so on! 

Also would like information on how to find cheap properties that need to be updated and renovated! Are there free sites or are they all pay for the info type sites? Don’t mind paying for them!! What’s the best sites to use? 

[Brett Costantino]

Look at duplexes and get an FHA loan with only 3.5% down. Live in one unit and have the other unit pay for the mortgage. Fix both units up over the course of a year(while living for free and putting your regular income towards rehab) then when you can, either sell or find another duplex and rent your first duplex out.