Hard Money ** Chicken or the Egg?

[Shawn Denny]

I am just getting started and will probably source Hard Money lenders in the Dallas area to get deals off the ground.

The question would be should I talk to HMLs first to get a game plan together that way when a deal does come up, I have a source and idea of what can be done on that end, or, wait for the deal to come and then source a HML?

To me it makes sense to seek out a HML first to have someone lined up in case a deal does come along and needs to be funded within 1-2 weeks. But I didn't know if HML would want to talk before having some tangible in terms of a deal.

Total greenie when it comes to this in practice, so advice is greatly appreciated!

[Antoine Martel]

You can talk to them before you get a deal to get pre-approved. They're going to need information about you for the loan so you can get that done right away.