Private Lending: Where to start?

[Chelsie Ritarossi]

Hello BP World,

My partner and I have a good amount of experience in both long-term rentals and some flipping projects. We recently bought a vacation home that will also double as a STR during the months were mountain bike season is big. We live in the Northeast and the market, as it has everywhere, has drastically gone up over the past 12 months.

We are currently on the hunt for our next investment property, most likely LTR (however, we are open to mixed use, or profitable STR). We have a decent amount of capital and a few HELOCs available to be aggressive on offers however, we keep getting beat out by all-cash offers where we are just out of reach.

With that being said, we discussed exploring the option of hard money or private lending as all of our other properties we have used our own capital and conventional loans.  We are not opposed to keep doing that (until we can't) however, we are at the point where we believe having hard money or private lending available where we can offer cash (combined with our own) will give us more flexibility when we make offers.

Now the question... where do we start?!  

Looking for guidance,

Chelsie