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Updated over 7 years ago on . Most recent reply
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Hard money lender near Southern Indiana/Louisville
Hello awesome BPers,
First, my wife and I have been spending time analyzing deals and are wanting to act. It makes sense to me to find a hard money lender in the area who has done the flips, holds, and so on who we can partner with. They have an even better grasp of the locale and the right deals to move on, contractors to use, etc. We haven't connected with the local REIA, yet. I just wanted to ask online if anybody know someone who does it in our area. And, for anyone who's done this, is my thinking correct? I feel it's a safer, smarter move to go with a local private lender.
Your thoughts are greatly appreciated.
Most Popular Reply
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David Weintraub
I’d be looking for someone in the area of Louisville and southern Indiana.
I’ve had several lenders approach me here already. Like I said, we haven’t connected with the local REIAs, yet (plan to at the end of the month). I’ve attended a couple small Meetup groups and my wife has met up with a women’s investor group that just started. At this point, at least I think, the smart move would be to connect with someone local with experience that understands our goals. I’m sure I can find that right person at the REIA; however, I was more or less seeking some validation in my thinking and hoping to connect with people who do it through the BP forum.