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Updated about 7 years ago on . Most recent reply

User Stats

15
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2
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Timothy Sheets
  • Tucson, AZ
2
Votes |
15
Posts

Private Money Lenders

Timothy Sheets
  • Tucson, AZ
Posted

I am ambitious about getting into a deal but im BaF right now and want to start flipping. How do I find private lenders? Do they advertise somewhere or is it a "private" thing that the more wealthy investors become on the DL?

Most Popular Reply

User Stats

40
Posts
16
Votes
Jason D. Lewis
  • Lender
  • Vancouver, BC
16
Votes |
40
Posts
Jason D. Lewis
  • Lender
  • Vancouver, BC
Replied

@Timothy Sheets

Hey Timothy, go find local mortgage brokers and see if they have a rolla dex with private lenders. My group has about 12 + that we shop deals to, whenever they come up. I cant stress enough, having a strong mortgage broker is key to success in this business. I started as a broker first and then moved to REI, but seeing the big shots come and go, is what exposed me to the possibilities. Anything is possible when you have the right strategic partners.

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