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Updated almost 9 years ago on . Most recent reply

User Stats

22
Posts
5
Votes
Daniel Allen
  • Accountant
  • Charlotte, NC
5
Votes |
22
Posts

Hard money lenders

Daniel Allen
  • Accountant
  • Charlotte, NC
Posted
Hello, I am in the Charlotte, NC market. I am looking to implement the buy and hold strategy. I have yet to complete my first deal yet, but I am hoping to in the near future. My greatest obstacle is obviously getting the capital needed to invest. I have been able to save a good bit this year, but still not enough. I don't have bad credit I just don't have any at all yet. I am getting ready to graduate college, so hopefully I can build my credit soon. My question for you guys is below. 1. What are the best ways to finance properties for someone who is about to graduate college, and really has no track record? I do have a job if that counts for anything. I would love to find a hard money lender to use, then refinance into a conventional mortgage eventually.

Most Popular Reply

User Stats

39
Posts
18
Votes
Dishant Pandya
  • Flipper/Rehabber
  • Charlotte NC
18
Votes |
39
Posts
Dishant Pandya
  • Flipper/Rehabber
  • Charlotte NC
Replied

hello daniel. i am in the charlotte NC area as well and if you're just getting started and don't really have solid marketing strategies for hard money lenders JUST YET. you should look into wholesaling properties then make you ways up to buy and hold. i live in SC and i work both nc/sc market. would love to connect with you in the future. 

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