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Updated almost 10 years ago,
Private money lenders
Does anyone know any investor friendly private money lenders in the Montgomery county or the Philadelphia area. I am looking to start on my first real estate property. Due to my age of 21 and not having enough assets and only a 700 credit score it's been an extreme headache to get financing for purchasing a property as well as rehab costs. I work for a property preservation company and have a construction background so most of the rehab will be done by me and I have great relationships with subs. but financial is the issue. How did you finance your first deal? What investors have you used in the area or others that work with newer investors. I want to do flips as well as rentals if the numbers work and they cash flow well. any advice ?
Thanks in advance (:
Charles Kappe