Hard Money Lenders OR Private Money Lenders

[Trina C.]

Would ANYBODY please advise of any great Private Money Lenders or Hard Money Lenders for the state of Georgia????? I'm in the Atlanta, GA area. Any known for fact to be good doing business with...fair & reasonable business practices? Not ridiculous & unforeseen disadvantages...

[Marvin McTaw]

Hi @Trina C. there are lots of local hard money lenders. You can also do a search on Google for "Hard Money Lenders, Atlanta" and look at the ads and results. There's also a list right here on Bigger Pockets of Hard Money Lenders in Georgia: 

• Georgia Hard Money Lenders: http://www.biggerpockets.com/hardmoneylenders/geor...

Private lenders by definition are usually not institutionalized. They are usually individuals who interested in real estate but don't have the time or desire to search for deals. It could be someone in your family, your dentist, your local small business owner, or even anyone who has an IRA and is looking for better returns with less risk than the stock market. I'd recommend starting with people you know e.g. family, friends, acquaintances, etc.

Another thing is it is usually easier to line up the money after you have a deal in place versus the other way around. Good luck with your real estate investing!