Looking to start investing using hard and private money any advise

[Angel Riley]

Im looking to start investing in real estate and I thinking maybe using a hard or private money lender to start out with. Does anyone have any advise or suggestions for a newbie just starting out with with hard and private money? Does anyone have any suggestions on which lenders would be the best place to start looking for financing?

[Kris Haskins]

AH, the days of getting started. Seems like a faint dream in my mind. I so wished I'd got some education before I got myself jammed up in the boom. So, the wrong way to invest:-personally guarantee debt and get jammed into high monthly payments with conventional wisdom and conventional lenders...

. Right way: get private money with no monthly payments and don't personally sign for it. There are all types of thoughts to this question and just like the NFL, every time has "right" way of doing real estate. Search out friends and family members that may have some capital you can get using. If you use hml's, make sure you are VERY knowledgeable about the deal and the market time. I've seen HM lenders take houses back without ever even informing the investor. Get educated and you'll be great. Don't get too many HM loans at once, they are very savvy kats and you will lose if you don't do what you agree to. If this helps, pls vote for my post. You're gonna be great.