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Updated over 1 year ago on . Most recent reply
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Best Ways to Find a Private Money Lender?
In real estate investing there are 3 main things you need to have: Time, Knowledge and Money. I currently have the time and knowledge to invest in/manage rentals, however I'm lacking the money to make any moves. I have found that having the money to get deals done will be my biggest hurdle moving forward. I'm trying to find some private money lenders but I am unsure of the best ways to do so. I know there are many other investors out there in the same boat as me.
I have a W2 job, but I do not make a bunch of money and do not really have the ability to make a significant amount more than I already do even with a job change. I would love to know how some of you find your PMLs and how you structure deals with them. I currently own and manage a duplex, but I would love to add more rentals to my portfolio. Any tips/advice on how to solve my lending/money issues would be greatly appreciated!