Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago,

User Stats

21
Posts
5
Votes
Dean De Pew
Pro Member
  • Investor
  • Spring Grove, IL
5
Votes |
21
Posts

Private lender...

Dean De Pew
Pro Member
  • Investor
  • Spring Grove, IL
Posted

I hope someone can point me in the right direction to achieve this.

I am involved in the "Cash Buyers" area on this site...  I keep seeing commercial lenders listed. Does anyone have experience with a residential Private lender? I keep seeing lots of what seems to be scam artists asking for upfront fees. I understand there are fees needed to be paid in order to get the deal done, but when none of these Private Lenders has any feed back I can verify, it seems like sending them any money would just be foolish. I have a deal under contract and I need acquisition & Re-hab funds of about $80K. 

I wanted to just wholesale it with transactional funding, but so far I don't seem to have any cash buyers coming forward. Therefore i feel i need to do the fix & flip play in order to make this a winner. I don't have the funds currently available myself. I need a private lender I can trust or an angel investor, a JV partner or ??? I am open to ideas.

     Please be creative.

  • Dean De Pew
  • Loading replies...