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Updated over 4 years ago,
How do I approach a hard money lender?
Hi, so I have not done any real estate deals and I don't have any real estate experience. I plan to buy a distressed single family home to BRRRR for student rentals. I've been studying real estate for about a year and I know the basics.
I don’t have enough money to fund a deal myself and I don’t know anyone who would give me money for a deal so I wanted to get hard money. I know hard money lenders usually lend to investors with experience, how should I approach a hard money lender so they’ll have the confidence to lend to me?