Missouri Duplex

[Ivory Hayes]

Is it best to seek out private money lenders in the area which the property is located? I've been told that it's best to try and connect with private lenders in the area of the potential property for tangible reasons. Will lenders usually only lend on properties that they can touch or take a drive by to see or have I been lead astray in regards to this subject? Can someone tell me what's the normal practice of a private lender and what's the criteria that they are looking for when considering lending funds?